Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) Director Moritz Sell bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was purchased at an average cost of $5.92 per share, with a total value of $11,840.00. Following the completion of the transaction, the director owned 20,246 shares in the company, valued at approximately $119,856.32. This trade represents a 10.96% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Total Return Securities Price Performance
NYSE:SWZ remained flat at $5.94 during mid-day trading on Tuesday. The company had a trading volume of 34,721 shares, compared to its average volume of 91,232. The company has a 50-day moving average of $5.98 and a 200 day moving average of $6.05. Total Return Securities, Inc. has a 12-month low of $5.84 and a 12-month high of $6.43.
Hedge Funds Weigh In On Total Return Securities
A number of hedge funds have recently modified their holdings of the business. Matisse Capital grew its holdings in shares of Total Return Securities by 0.5% during the fourth quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock worth $3,794,000 after buying an additional 3,000 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Total Return Securities by 58.3% during the third quarter. Raymond James Financial Inc. now owns 13,850 shares of the closed-end fund’s stock worth $84,000 after purchasing an additional 5,100 shares during the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Total Return Securities by 89.6% during the third quarter. Susquehanna International Group LLP now owns 19,315 shares of the closed-end fund’s stock worth $117,000 after purchasing an additional 9,126 shares during the period. Marex Group plc purchased a new position in Total Return Securities in the 4th quarter valued at $62,000. Finally, Bank of America Corp DE grew its position in Total Return Securities by 375.2% in the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock valued at $102,000 after buying an additional 10,795 shares during the last quarter. 41.12% of the stock is currently owned by hedge funds and other institutional investors.
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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