Insider Buying: Total Return Securities (NYSE:SWZ) CEO Purchases $36,180.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos acquired 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was purchased at an average price of $6.03 per share, for a total transaction of $36,180.00. Following the acquisition, the chief executive officer directly owned 39,453 shares of the company’s stock, valued at $237,901.59. The trade was a 17.94% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Andrew Dakos also recently made the following trade(s):

• On Tuesday, February 3rd, Andrew Dakos acquired 10,000 shares of Total Return Securities stock. The stock was purchased at an average price of $5.97 per share, with a total value of $59,700.00.

Total Return Securities Trading Down 0.2%

Shares of Total Return Securities stock traded down $0.02 during mid-day trading on Thursday, reaching $6.02. 33,774 shares of the stock were exchanged, compared to its average volume of 159,616. The firm has a 50-day simple moving average of $6.15 and a 200 day simple moving average of $6.09. Total Return Securities, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $9.43.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Matisse Capital acquired a new position in shares of Total Return Securities during the third quarter valued at about $3,691,000. Allspring Global Investments Holdings LLC raised its holdings in shares of Total Return Securities by 10.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 2,127,310 shares of the closed-end fund’s stock worth $12,934,000 after purchasing an additional 196,505 shares during the period. Shaker Financial Services LLC increased its stake in shares of Total Return Securities by 112.9% in the third quarter. Shaker Financial Services LLC now owns 298,862 shares of the closed-end fund’s stock worth $1,817,000 after purchasing an additional 158,502 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its holdings in Total Return Securities by 83.5% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 192,703 shares of the closed-end fund’s stock valued at $1,172,000 after buying an additional 87,695 shares in the last quarter. Finally, Alpine Global Management LLC purchased a new stake in shares of Total Return Securities in the third quarter worth $532,000. 41.12% of the stock is owned by institutional investors.

About Total Return Securities

Total Return Securities (NYSE:SWZ) is a closed-end management investment company listed on the New York Stock Exchange. The fund seeks to deliver a high total return for shareholders by combining capital appreciation with current income. It provides access to a diversified portfolio of equity and fixed-income securities spanning multiple industries and regions.

SWZ’s investment strategy typically blends dividend-paying common stocks, corporate bonds and other credit instruments. The fund may employ moderate leverage to enhance returns and pursues an active management approach, dynamically adjusting its allocations in response to evolving market conditions.