Key Points
- CSS LLC/IL sold 7,000 shares of Total Return Securities (NYSE:SWZ) on December 15 at an average price of $6.23 for $43,610, leaving them with 1,735,506 shares (a ~0.40% reduction in their stake, valued at about $10.81M).
- Shares ticked up $0.03 to $6.20 on light volume (9,362 shares versus a 61,067 average), with a 50-day/200-day moving average near $6.02/$6.12 and a 12‑month range of $5.84–$9.43.
- Institutional ownership is 41.12%, and several funds boosted positions in the fund—Notably Allspring Global increased its stake to 2,127,310 shares and other managers (e.g., Shaker Financial, North Ground) also raised holdings.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) major shareholder Css Llc/Il sold 7,000 shares of the company's stock in a transaction on Monday, December 15th. The shares were sold at an average price of $6.23, for a total value of $43,610.00. Following the completion of the sale, the insider owned 1,735,506 shares of the company's stock, valued at approximately $10,812,202.38. The trade was a 0.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Total Return Securities Stock Up 0.4%
Shares of NYSE SWZ traded up $0.03 during trading on Thursday, hitting $6.20. 9,362 shares of the company were exchanged, compared to its average volume of 61,067. The company has a fifty day moving average price of $6.02 and a 200-day moving average price of $6.12. Total Return Securities, Inc. has a 12-month low of $5.84 and a 12-month high of $9.43.
Hedge Funds Weigh In On Total Return Securities
Several institutional investors and hedge funds have recently bought and sold shares of SWZ. Allspring Global Investments Holdings LLC grew its stake 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 valued at $12,934,000 after buying an additional 196,505 shares during the period. Matisse Capital acquired a new position in Total Return Securities in the third quarter valued at approximately $3,691,000. Shaker Financial Services LLC grew its position in 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 acquiring an additional 158,502 shares during the period. North Ground Capital increased its stake in Total Return Securities by 29.0% during the third quarter. North Ground Capital now owns 193,523 shares of the closed-end fund's stock worth $1,177,000 after acquiring an additional 43,465 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its stake in Total Return Securities by 83.5% during the third quarter. Blue Bell Private Wealth Management LLC now owns 192,703 shares of the closed-end fund's stock worth $1,172,000 after acquiring an additional 87,695 shares during the last quarter. 41.12% of the stock is currently owned by institutional investors and hedge funds.
About Total Return Securities
(
Get Free Report)
The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.
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