Key Points
- CEO Andrew Dakos bought 10,000 shares on Feb. 3 at an average of $5.97 (total $59,700) and another 6,000 shares on Feb. 4 at $6.03, boosting his stake to 33,453 shares — roughly a 42.6% increase — as disclosed in an SEC filing.
- Shares of SWZ were trading around $6.09 (up $0.07) with very low volume versus average, a 12‑month range of $5.84–$9.43, 50‑ and 200‑day moving averages near $6.15 and $6.09, and about 41.1% of the stock held by institutional investors.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) CEO Andrew Dakos acquired 6,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 4th. The shares were bought at an average cost of $6.03 per share, with a total value of $36,180.00. Following the completion of the purchase, the chief executive officer owned 39,453 shares of the company's stock, valued at $237,901.59. This trade represents a 17.94% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Andrew Dakos also recently made the following trade(s):
- On Tuesday, February 3rd, Andrew Dakos bought 10,000 shares of Total Return Securities stock. The stock was bought at an average cost of $5.97 per share, for a total transaction of $59,700.00.
Total Return Securities Price Performance
SWZ traded up $0.06 during midday trading on Friday, reaching $6.08. 44,112 shares of the company were exchanged, compared to its average volume of 154,992. The stock's 50-day simple moving average is $6.15 and its 200 day simple moving average is $6.09. Total Return Securities, Inc. has a one year low of $5.84 and a one year high of $9.43.
Institutional Investors Weigh In On Total Return Securities
Several hedge funds have recently bought and sold shares of SWZ. Raymond James Financial Inc. bought a new position in shares of Total Return Securities during the second quarter worth $55,000. Private Management Group Inc. bought a new position in shares of Total Return Securities during the 2nd quarter valued at about $67,000. Mccarter Private Wealth Services LLC acquired a new position in shares of Total Return Securities in the 2nd quarter valued at approximately $92,000. Capital Investment Counsel Inc acquired a new position in shares of Total Return Securities in the 4th quarter valued at approximately $93,000. Finally, TrueMark Investments LLC bought a new stake in Total Return Securities during the 4th quarter worth approximately $95,000. 41.12% of the stock is currently owned by institutional investors and hedge funds.
Total Return Securities Company Profile
(
Get Free Report)
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.
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