Key Points
- Phillip Goldstein purchased 10,000 shares of Total Return Securities on March 18 at an average price of $5.98, bringing his direct holding to 113,234 shares—a 9.69% increase valued at about $677,139.32.
- Goldstein also bought 10,000 shares on March 5 and 5,000 on Feb 23; his three recent insider purchases total 25,000 shares for approximately $150,350.
- SWZ is trading around $5.92 with a one‑year range of $5.84–$9.43 and roughly 41.12% of the company owned by institutional investors.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) insider Phillip Goldstein bought 10,000 shares of the firm's stock in a transaction on Wednesday, March 18th. The stock was acquired at an average cost of $5.98 per share, with a total value of $59,800.00. Following the completion of the transaction, the insider directly owned 113,234 shares of the company's stock, valued at approximately $677,139.32. This represents a 9.69% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Phillip Goldstein also recently made the following trade(s):
- On Thursday, March 5th, Phillip Goldstein purchased 10,000 shares of Total Return Securities stock. The shares were acquired at an average price of $5.99 per share, for a total transaction of $59,900.00.
- On Monday, February 23rd, Phillip Goldstein purchased 5,000 shares of Total Return Securities stock. The shares were acquired at an average price of $6.13 per share, for a total transaction of $30,650.00.
Total Return Securities Stock Down 0.1%
SWZ stock opened at $5.92 on Friday. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $9.43. The company has a fifty day simple moving average of $6.08 and a 200 day simple moving average of $6.08.
Institutional Trading of Total Return Securities
A number of institutional investors and hedge funds have recently made changes to their positions in SWZ. Raymond James Financial Inc. acquired a new stake in Total Return Securities in the 2nd quarter worth approximately $55,000. Marex Group plc acquired a new stake in shares of Total Return Securities in the fourth quarter worth $62,000. Private Management Group Inc. acquired a new stake in shares of Total Return Securities in the second quarter worth $67,000. Capital Investment Counsel Inc bought a new stake in shares of Total Return Securities during the 4th quarter worth $93,000. Finally, TrueMark Investments LLC bought a new stake in shares of Total Return Securities during the 4th quarter worth $95,000. Institutional investors and hedge funds own 41.12% of the company's stock.
About Total Return Securities
(
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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