Total Return Securities (NYSE:SWZ) Director Moritz Sell Acquires 2,000 Shares of Stock

Total Return Securities, Inc. (NYSE:SWZ) Director Moritz Sell acquired 2,000 shares of the business’s stock in a transaction on Monday, September 28th. The shares were bought at an average price of $5.76 per share, with a total value of $11,520.00. Following the completion of the transaction, the director directly owned 30,246 shares of the company’s stock, valued at approximately $174,216.96. The trade was a 7.08% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Total Return Securities Trading Down 0.4%

Shares of NYSE:SWZ traded down $0.03 during trading on Wednesday, reaching $5.71. 14,023 shares of the stock were exchanged, compared to its average volume of 69,957. Total Return Securities, Inc. has a 12 month low of $5.70 and a 12 month high of $6.31. The stock has a 50-day moving average price of $5.92 and a 200-day moving average price of $5.96.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SWZ. Bank of America Corp DE bought a new position in Total Return Securities during the 2nd quarter worth $5,152,000. Alpine Global Management LLC raised its stake in Total Return Securities by 372.2% in the 4th quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock worth $2,570,000 after purchasing an additional 325,669 shares in the last quarter. Evolve Private Wealth LLC bought a new position in shares of Total Return Securities during the second quarter worth approximately $827,000. Almitas Capital LLC bought a new stake in shares of Total Return Securities in the second quarter valued at approximately $687,000. Finally, Sit Investment Associates Inc. grew its position in Total Return Securities by 33,845.7% during the fourth quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock worth $633,000 after buying an additional 101,537 shares in the last quarter. 41.12% of the stock is owned by institutional investors and hedge funds.

Total Return Securities Company Profile

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.