Key Points
- CEO Andrew Dakos bought 4,863 shares of Total Return Securities (SWZ) on April 2 at an average price of $5.93 per share, a $28,837.59 transaction disclosed in an SEC filing.
- Dakos has been an active insider buyer since early February, acquiring a total of 57,487 shares across multiple trades (Feb–Apr), spending roughly $345,452 in aggregate.
- SWZ trades around $5.96 with a 12‑month low of $5.84 and 50/200‑day moving averages near $6.02/$6.06, while institutional investors own about 41.12% of the stock.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) CEO Andrew Dakos acquired 4,863 shares of the company's stock in a transaction that occurred on Thursday, April 2nd. The stock was purchased at an average price of $5.93 per share, for a total transaction of $28,837.59. Following the acquisition, the chief executive officer directly owned 88 shares of the company's stock, valued at $521.84. The trade was a -101.84% 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 Monday, April 6th, Andrew Dakos purchased 100 shares of Total Return Securities stock. The shares were bought at an average price of $5.95 per share, for a total transaction of $595.00.
- On Thursday, March 12th, Andrew Dakos purchased 3,324 shares of Total Return Securities stock. The shares were bought at an average price of $6.00 per share, for a total transaction of $19,944.00.
- On Wednesday, March 11th, Andrew Dakos purchased 1,700 shares of Total Return Securities stock. The shares were bought at an average price of $6.00 per share, for a total transaction of $10,200.00.
- On Friday, March 6th, Andrew Dakos purchased 12,500 shares of Total Return Securities stock. The shares were bought at an average price of $5.97 per share, for a total transaction of $74,625.00.
- On Thursday, March 5th, Andrew Dakos purchased 12,000 shares of Total Return Securities stock. The shares were bought at an average price of $6.01 per share, for a total transaction of $72,120.00.
- On Friday, February 27th, Andrew Dakos purchased 2,000 shares of Total Return Securities stock. The shares were bought at an average price of $6.20 per share, for a total transaction of $12,400.00.
- On Thursday, February 26th, Andrew Dakos purchased 5,000 shares of Total Return Securities stock. The shares were bought at an average price of $6.17 per share, for a total transaction of $30,850.00.
- On Wednesday, February 4th, Andrew Dakos purchased 6,000 shares of Total Return Securities stock. The shares were bought at an average price of $6.03 per share, for a total transaction of $36,180.00.
- On Tuesday, February 3rd, Andrew Dakos purchased 10,000 shares of Total Return Securities stock. The shares were bought at an average price of $5.97 per share, for a total transaction of $59,700.00.
Total Return Securities Trading Up 0.5%
Shares of SWZ stock opened at $5.96 on Tuesday. Total Return Securities, Inc. has a 12 month low of $5.84 and a 12 month high of $9.43. The business's 50 day moving average is $6.02 and its two-hundred day moving average is $6.06.
Hedge Funds Weigh In On Total Return Securities
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC grew its stake in shares of 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 worth $12,934,000 after acquiring an additional 196,505 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its stake in shares of Total Return Securities by 83.5% in 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. Matisse Capital acquired a new stake in shares of Total Return Securities in the third quarter worth $3,691,000. Shaker Financial Services LLC grew 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 acquiring an additional 158,502 shares during the last quarter. Finally, Alpine Global Management LLC acquired a new stake in shares of Total Return Securities in the third quarter worth $532,000. Institutional investors and hedge funds own 41.12% of the company's stock.
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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