Total Return Securities (NYSE:SWZ) Director Phillip Goldstein Buys 5,000 Shares of Stock

Total Return Securities, Inc. (NYSE:SWZ) Director Phillip Goldstein purchased 5,000 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was acquired at an average price of $6.13 per share, for a total transaction of $30,650.00. Following the completion of the transaction, the director directly owned 87,910 shares of the company’s stock, valued at approximately $538,888.30. This trade represents a 6.03% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Total Return Securities Stock Performance

SWZ traded up $0.01 during trading on Thursday, hitting $6.17. 33,088 shares of the company traded hands, compared to its average volume of 133,191. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $9.43. The stock’s 50-day simple moving average is $6.14 and its two-hundred day simple moving average is $6.08.

Institutional Investors Weigh In On Total Return Securities

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SWZ. Allspring Global Investments Holdings LLC increased its position 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 valued at $12,934,000 after buying an additional 196,505 shares in the last quarter. North Ground Capital raised its holdings in shares of Total Return Securities by 241.6% during the 4th quarter. North Ground Capital now owns 661,145 shares of the closed-end fund’s stock worth $4,112,000 after acquiring an additional 467,622 shares during the period. Matisse Capital grew its stake in shares of Total Return Securities by 0.5% in the 4th quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock valued at $3,794,000 after buying an additional 3,000 shares during the period. Saba Capital Management L.P. raised its position in Total Return Securities by 100.0% in the fourth quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock valued at $3,764,000 after purchasing an additional 302,612 shares during the period. Finally, Rivernorth Capital Management LLC boosted its position in shares of Total Return Securities by 15.4% during the 4th quarter. Rivernorth Capital Management LLC now owns 437,018 shares of the closed-end fund’s stock worth $2,718,000 after purchasing an additional 58,381 shares during the period. 41.12% of the stock is owned by institutional investors and hedge funds.

About Total Return Securities

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.