Key Points
- CEO Andrew Dakos bought 3,000 shares on April 17 at $6.09 (about $18,270), bringing his direct holdings to 106,000 shares valued at roughly $645,540, a 2.91% increase in his position.
- Dakos has been consistently accumulating stock since early March with multiple purchases, including large blocks of 12,500 shares on March 6 and 12,000 shares on March 5, signaling continued insider buying.
- Total Return Securities (NYSE:SWZ) trades around $6.10 with a 50‑day/200‑day moving average near $6.03/$6.06 and a 12‑month range of $5.84–$6.43, while institutional ownership is about 41% and several institutions have recently added positions.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) CEO Andrew Dakos acquired 3,000 shares of the business's stock in a transaction that occurred on Friday, April 17th. The stock was purchased at an average price of $6.09 per share, for a total transaction of $18,270.00. Following the acquisition, the chief executive officer directly owned 106,000 shares in the company, valued at approximately $645,540. This trade represents a 2.91% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Andrew Dakos also recently made the following trade(s):
- On Thursday, April 16th, Andrew Dakos acquired 7,718 shares of Total Return Securities stock. The stock was purchased at an average price of $6.06 per share, for a total transaction of $46,771.08.
- On Thursday, April 16th, Andrew Dakos acquired 547 shares of Total Return Securities stock. The stock was acquired at an average price of $6.04 per share, with a total value of $3,303.88.
- On Wednesday, April 8th, Andrew Dakos acquired 4,000 shares of Total Return Securities stock. The stock was acquired at an average price of $5.97 per share, with a total value of $23,880.00.
- On Tuesday, April 7th, Andrew Dakos acquired 2,000 shares of Total Return Securities stock. The stock was acquired at an average price of $5.95 per share, with a total value of $11,900.00.
- On Monday, April 6th, Andrew Dakos acquired 100 shares of Total Return Securities stock. The stock was acquired at an average price of $5.95 per share, with a total value of $595.00.
- On Thursday, April 2nd, Andrew Dakos acquired 4,863 shares of Total Return Securities stock. The stock was acquired at an average price of $5.93 per share, with a total value of $28,837.59.
- On Thursday, March 12th, Andrew Dakos acquired 3,324 shares of Total Return Securities stock. The stock was acquired at an average price of $6.00 per share, with a total value of $19,944.00.
- On Wednesday, March 11th, Andrew Dakos acquired 1,700 shares of Total Return Securities stock. The stock was acquired at an average price of $6.00 per share, with a total value of $10,200.00.
- On Friday, March 6th, Andrew Dakos acquired 12,500 shares of Total Return Securities stock. The stock was acquired at an average price of $5.97 per share, with a total value of $74,625.00.
- On Thursday, March 5th, Andrew Dakos bought 12,000 shares of Total Return Securities stock. The stock was bought at an average price of $6.01 per share, with a total value of $72,120.00.
Total Return Securities Trading Up 0.2%
NYSE:SWZ opened at $6.10 on Tuesday. The stock has a fifty day moving average price of $6.03 and a 200 day moving average price of $6.06. Total Return Securities, Inc. has a 12-month low of $5.84 and a 12-month high of $6.43.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in Total Return Securities in the second quarter valued at $55,000. Marex Group plc acquired a new stake in Total Return Securities in the fourth quarter valued at approximately $62,000. Bank of America Corp DE raised its holdings in Total Return Securities by 375.2% in the fourth quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund's stock valued at $102,000 after acquiring an additional 10,795 shares in the last quarter. Capital Investment Counsel Inc acquired a new stake in Total Return Securities in the fourth quarter valued at approximately $93,000. Finally, TrueMark Investments LLC acquired a new stake in Total Return Securities in the fourth quarter valued at approximately $95,000. 41.12% of the stock is currently owned by hedge funds and other institutional investors.
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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