Total Return Securities (NYSE:SWZ) CEO Buys $58,100.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos acquired 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 25th. The shares were bought at an average price of $5.81 per share, for a total transaction of $58,100.00. Following the completion of the purchase, the chief executive officer owned 50,000 shares in the company, valued at $290,500. This trade represents a 25.00% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Andrew Dakos also recently made the following trade(s):

• On Monday, September 28th, Andrew Dakos bought 10,000 shares of Total Return Securities stock. The stock was bought at an average price of $5.77 per share, with a total value of $57,700.00.
• On Thursday, July 2nd, Andrew Dakos bought 5,000 shares of Total Return Securities stock. The shares were bought at an average cost of $5.92 per share, with a total value of $29,600.00.

Total Return Securities Trading Up 0.3%

Shares of SWZ opened at $5.71 on Friday. Total Return Securities, Inc. has a twelve month low of $5.68 and a twelve month high of $6.31. The business’s 50-day moving average price is $5.91 and its 200-day moving average price is $5.95.

Institutional Trading of Total Return Securities

Several institutional investors and hedge funds have recently bought and sold shares of the company. Susquehanna International Group LLP purchased a new stake in shares of Total Return Securities in the 2nd quarter valued at about $220,000. Almitas Capital LLC purchased a new position in shares of Total Return Securities during the second quarter worth about $687,000. Bank of America Corp DE bought a new position in shares of Total Return Securities in the second quarter worth approximately $5,152,000. Evolve Private Wealth LLC bought a new position in shares of Total Return Securities in the second quarter worth approximately $827,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in Total Return Securities in the second quarter valued at approximately $581,000. 41.12% of the stock is currently owned by hedge funds and other institutional investors.

About Total Return Securities

Total Return Securities (NYSE: SWZ) is a closed-end investment fund focused primarily on publicly traded companies in Switzerland. Rather than operating a commercial business, the fund provides investors with a vehicle for gaining exposure to Swiss equities and the broader Swiss market.

The fund’s portfolio may include companies from multiple industries and is managed with the objective of providing shareholders with long-term capital appreciation and income through investments in Swiss securities.