Total Return Securities (NYSE:SWZ) Shares Up 0.7% – Here’s What Happened

Shares of Total Return Securities, Inc. (NYSE:SWZ) traded up 0.7% during trading on Wednesday. The company traded as high as $5.89 and last traded at $5.88. 22,440 shares traded hands during trading, a decline of 0% from the average daily volume of 22,451 shares. The stock had previously closed at $5.84.

Total Return Securities Stock Performance

The stock’s 50 day moving average is $5.83 and its 200 day moving average is $5.95.

Insider Buying and Selling

In other Total Return Securities news, CEO Andrew Dakos bought 10,000 shares of the stock in a transaction on Monday, September 28th. The shares were acquired at an average price of $5.77 per share, with a total value of $57,700.00. Following the acquisition, the chief executive officer directly owned 60,000 shares of the company’s stock, valued at $346,200. The trade was a 20.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Phillip Goldstein purchased 5,000 shares of Total Return Securities stock in a transaction dated Thursday, October 8th. The stock was bought at an average price of $5.73 per share, with a total value of $28,650.00. Following the completion of the transaction, the insider owned 124,229 shares of the company’s stock, valued at $711,832.17. This represents a 4.19% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 30,000 shares of company stock valued at $173,910 over the last quarter. 0.03% of the stock is owned by company insiders.

Institutional Investors Weigh In On Total Return Securities

A number of institutional investors and hedge funds have recently made changes to their positions in SWZ. Bank of America Corp DE purchased a new position in Total Return Securities during the second quarter worth about $5,152,000. Shaker Financial Services LLC raised its holdings in shares of Total Return Securities by 8.0% in the 3rd quarter. Shaker Financial Services LLC now owns 424,625 shares of the closed-end fund’s stock valued at $2,420,000 after acquiring an additional 31,455 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its holdings in shares of Total Return Securities by 19.2% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 200,973 shares of the closed-end fund’s stock valued at $1,146,000 after acquiring an additional 32,363 shares in the last quarter. Evolve Private Wealth LLC purchased a new stake in shares of Total Return Securities in the 2nd quarter valued at about $827,000. Finally, Almitas Capital LLC bought a new stake in shares of Total Return Securities during the 2nd quarter valued at about $687,000. Hedge funds and other institutional investors own 41.12% of the company’s stock.

Total Return Securities Company Profile

Total Return Securities (NYSE: SWZ) is a closed-end investment fund that seeks to provide investors with total returns through a combination of capital appreciation and investment income. The fund’s portfolio is focused primarily on securities issued by companies based in Switzerland. Through its investments, the fund provides exposure to the Swiss equity market across multiple industries rather than operating a conventional business or selling products and services directly. Its performance is therefore influenced by the results of the underlying portfolio companies, developments in Switzerland and broader international market conditions.