Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) Director Moritz Sell purchased 1,853 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average cost of $5.91 per share, for a total transaction of $10,951.23. Following the completion of the acquisition, the director directly owned 16,155 shares of the company’s stock, valued at $95,476.05. This represents a 12.96% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Total Return Securities Stock Up 0.3%
SWZ opened at $5.92 on Thursday. Total Return Securities, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $6.43. The company has a fifty day moving average of $5.99 and a two-hundred day moving average of $6.06.
Hedge Funds Weigh In On Total Return Securities
Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in Total Return Securities during the second quarter worth approximately $55,000. Marex Group plc purchased a new stake in shares of Total Return Securities in the fourth quarter valued at approximately $62,000. Capital Investment Counsel Inc purchased a new stake in shares of Total Return Securities in the fourth quarter valued at approximately $93,000. TrueMark Investments LLC acquired a new position in shares of Total Return Securities during the 4th quarter worth approximately $95,000. Finally, Bank of America Corp DE raised its stake in shares of 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 during the period. 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 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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