Total Return Securities (NYSE:SWZ) Stock Passes Below 50 Day Moving Average – Here’s What Happened

Total Return Securities, Inc. (NYSE:SWZ) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $6.10 and traded as low as $6.03. Total Return Securities shares last traded at $6.06, with a volume of 33,093 shares changing hands.

Total Return Securities Price Performance

The company has a 50 day simple moving average of $6.10 and a 200-day simple moving average of $6.58.

Institutional Investors Weigh In On Total Return Securities

A number of institutional investors have recently made changes to their positions in SWZ. Shaker Financial Services LLC lifted its stake in shares of Total Return Securities by 63.0% in the 2nd quarter. Shaker Financial Services LLC now owns 140,360 shares of the closed-end fund’s stock valued at $890,000 after acquiring an additional 54,272 shares during the last quarter. Tabor Asset Management LP bought a new position in Total Return Securities during the 1st quarter worth approximately $278,000. Uncommon Cents Investing LLC increased its stake in Total Return Securities by 23.8% in the 2nd quarter. Uncommon Cents Investing LLC now owns 123,930 shares of the closed-end fund’s stock worth $786,000 after purchasing an additional 23,800 shares during the period. Beverly Hills Private Wealth LLC bought a new stake in Total Return Securities in the second quarter valued at approximately $122,000. Finally, Envestnet Asset Management Inc. lifted its position in Total Return Securities by 9.9% in the first quarter. Envestnet Asset Management Inc. now owns 164,184 shares of the closed-end fund’s stock valued at $1,514,000 after purchasing an additional 14,818 shares during the last quarter. Hedge funds and other institutional investors own 41.12% of the company’s stock.

About Total Return Securities

The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.