Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) CEO Andrew Dakos purchased 2,000 shares of the business's stock in a transaction that occurred on Friday, February 27th. The shares were bought at an average price of $6.20 per share, for a total transaction of $12,400.00. Following the completion of the purchase, the chief executive officer directly owned 22,677 shares in the company, valued at $140,597.40. This represents a 9.67% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Andrew Dakos also recently made the following trade(s):
- On Thursday, February 26th, Andrew Dakos acquired 5,000 shares of Total Return Securities stock. The stock was bought at an average price of $6.17 per share, with a total value of $30,850.00.
- On Wednesday, February 4th, Andrew Dakos acquired 6,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.03 per share, for a total transaction of $36,180.00.
- On Tuesday, February 3rd, Andrew Dakos bought 10,000 shares of Total Return Securities stock. The shares were purchased at an average price of $5.97 per share, for a total transaction of $59,700.00.
Total Return Securities Price Performance
Total Return Securities stock opened at $6.15 on Tuesday. Total Return Securities, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $9.43. The stock has a 50-day simple moving average of $6.14 and a 200-day simple moving average of $6.08.
Institutional Investors Weigh In On Total Return Securities
Several large investors have recently modified their holdings of the company. Bank of America Corp DE grew its position in shares of Total Return Securities by 375.2% during the fourth quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund's stock worth $102,000 after acquiring an additional 10,795 shares during the last quarter. Shaker Financial Services LLC boosted its stake in Total Return Securities by 63.0% during the 2nd quarter. Shaker Financial Services LLC now owns 140,360 shares of the closed-end fund's stock worth $890,000 after purchasing an additional 54,272 shares during the period. Private Management Group Inc. acquired a new stake in Total Return Securities during the 2nd quarter worth $67,000. Raymond James Financial Inc. purchased a new position in Total Return Securities during the 2nd quarter worth $55,000. Finally, Allspring Global Investments Holdings LLC increased its stake in Total Return Securities by 10.2% in the third 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 purchasing an additional 196,505 shares during the period. 41.12% of the stock is 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.
Further Reading
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