Key Points
- Andrew Dakos, CEO of Total Return Securities, bought 2,000 shares on April 7 at $5.95, bringing his direct holdings to 90,282 shares (a 2.27% increase) valued at about $537,178.
- Dakos has been steadily accumulating stock, purchasing roughly 53,487 shares since Feb. 4 across multiple transactions at an average price near $6.00 per share, signaling notable insider accumulation.
- Total Return Securities (NYSE:SWZ) is trading around $6.07, close to its one-year low of $5.84 with 50- and 200-day moving averages near $6.02 and $6.06, and institutional investors owning about 41.12% of the shares.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) CEO Andrew Dakos purchased 2,000 shares of the stock in a transaction dated Tuesday, April 7th. The shares were acquired at an average cost of $5.95 per share, for a total transaction of $11,900.00. Following the completion of the acquisition, the chief executive officer directly owned 90,282 shares of the company's stock, valued at approximately $537,177.90. This trade represents a 2.27% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this link.
Andrew Dakos also recently made the following trade(s):
- On Wednesday, April 8th, Andrew Dakos purchased 4,000 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.97 per share, for a total transaction of $23,880.00.
- On Monday, April 6th, Andrew Dakos purchased 100 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.95 per share, for a total transaction of $595.00.
- On Thursday, April 2nd, Andrew Dakos purchased 4,863 shares of Total Return Securities stock. The shares were acquired at an average cost of $5.93 per share, for a total transaction of $28,837.59.
- On Thursday, March 12th, Andrew Dakos purchased 3,324 shares of Total Return Securities stock. The shares were acquired at an average cost 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 acquired at an average cost 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 acquired at an average cost 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 acquired at an average cost 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 acquired at an average cost 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 acquired at an average cost 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 acquired at an average cost of $6.03 per share, for a total transaction of $36,180.00.
Total Return Securities Price Performance
Shares of SWZ opened at $6.07 on Friday. Total Return Securities, Inc. has a one year low of $5.84 and a one year high of $9.43. The stock's fifty day moving average is $6.02 and its 200-day moving average is $6.06.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC boosted its stake in Total Return Securities by 10.2% during 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 buying an additional 196,505 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted 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 valued at $1,172,000 after buying an additional 87,695 shares in the last quarter. Matisse Capital bought a new position in Total Return Securities during the third quarter valued at about $3,691,000. Shaker Financial Services LLC boosted its stake in Total Return Securities by 112.9% during the third quarter. Shaker Financial Services LLC now owns 298,862 shares of the closed-end fund's stock valued at $1,817,000 after buying an additional 158,502 shares in the last quarter. Finally, Alpine Global Management LLC bought a new position in Total Return Securities during the third quarter valued at about $532,000. Institutional investors 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.
See Also
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