Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) Director Moritz Sell bought 2,000 shares of Total Return Securities stock in a transaction dated Tuesday, June 16th. The shares were acquired at an average cost of $5.96 per share, with a total value of $11,920.00. Following the completion of the purchase, the director owned 14,155 shares in the company, valued at approximately $84,363.80. This trade represents a 16.45% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Total Return Securities Price Performance
Total Return Securities stock opened at $5.92 on Friday. The company’s fifty day moving average price is $6.00 and its 200 day moving average price is $6.06. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $6.43.
Institutional Trading of Total Return Securities
Several institutional investors have recently modified their holdings of SWZ. Raymond James Financial Inc. acquired a new position in shares of Total Return Securities during the 2nd quarter worth about $55,000. Marex Group plc purchased a new position in Total Return Securities in the 4th quarter valued at about $62,000. Capital Investment Counsel Inc acquired a new stake in Total Return Securities in the 4th quarter worth about $93,000. TrueMark Investments LLC purchased a new stake in Total Return Securities during the 4th quarter worth approximately $95,000. Finally, Bank of America Corp DE increased its stake in Total Return Securities by 375.2% during the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock worth $102,000 after buying an additional 10,795 shares in the last quarter. Institutional investors and hedge funds own 41.12% of the company’s stock.
Total Return Securities Company Profile
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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