Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) Director Moritz Sell acquired 2,000 shares of Total Return Securities stock in a transaction that occurred on Thursday, July 23rd. The shares were purchased at an average cost of $5.86 per share, with a total value of $11,720.00. Following the purchase, the director owned 24,246 shares of the company’s stock, valued at $142,081.56. This represents a 8.99% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Total Return Securities Stock Performance
Total Return Securities stock traded up $0.04 during midday trading on Tuesday, reaching $5.92. 19,141 shares of the stock were exchanged, compared to its average volume of 83,707. Total Return Securities, Inc. has a 52 week low of $5.84 and a 52 week high of $6.43. The company’s fifty day moving average is $5.93 and its 200-day moving average is $6.01.
Institutional Investors Weigh In On Total Return Securities
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE grew its position in Total Return Securities by 375.2% during the fourth 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 in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Total Return Securities during the second quarter worth about $55,000. Boothbay Fund Management LLC purchased a new position in shares of Total Return Securities during the third quarter worth about $532,000. Quarry LP bought a new position in shares of Total Return Securities in the third quarter worth approximately $456,000. Finally, Susquehanna International Group LLP increased its position in shares of Total Return Securities by 89.6% in 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 last quarter. Hedge funds and other institutional investors own 41.12% of the company’s stock.
About Total Return Securities
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.
Read More
- Five stocks we like better than Total Return Securities
- Western Digital’s Earnings Will Test Whether Its AI Rally Has More Room
- Is the Market Mispricing ServiceNow’s AI Future?
- Nano Nuclear’s Air Force Contract Puts Its Short-Squeeze Setup in Focus
- Amkor Sells Off After Earnings—Why Weak Guidance Isn’t the Real Story
Receive News & Ratings for Total Return Securities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Total Return Securities and related companies with MarketBeat.com's FREE daily email newsletter.
