Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) Director Moritz Sell bought 2,091 shares of the business’s stock in a transaction on Friday, June 26th. The shares were acquired at an average cost of $5.88 per share, with a total value of $12,295.08. Following the purchase, the director owned 18,246 shares of the company’s stock, valued at $107,286.48. The trade was a 12.94% 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 hyperlink.
Total Return Securities Price Performance
Shares of Total Return Securities stock remained flat at $5.94 during trading hours on Tuesday. The stock had a trading volume of 34,721 shares, compared to its average volume of 91,232. Total Return Securities, Inc. has a twelve month low of $5.84 and a twelve month high of $6.43. The company’s fifty day simple moving average is $5.98 and its two-hundred day simple moving average is $6.05.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Alpine Global Management LLC increased its position in shares of Total Return Securities by 372.2% during the fourth quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock valued at $2,570,000 after acquiring an additional 325,669 shares during the last quarter. Sit Investment Associates Inc. lifted its holdings in shares of Total Return Securities by 33,845.7% in the 4th quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund’s stock worth $633,000 after acquiring an additional 101,537 shares during the last quarter. Saba Capital Management L.P. lifted its holdings in shares of Total Return Securities by 100.0% in the 4th quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock worth $3,764,000 after acquiring an additional 302,612 shares during the last quarter. Rivernorth Capital Management LLC boosted its position in shares of Total Return Securities by 15.4% during the 4th quarter. Rivernorth Capital Management LLC now owns 437,018 shares of the closed-end fund’s stock worth $2,718,000 after purchasing an additional 58,381 shares during the period. Finally, Evolve Private Wealth LLC acquired a new stake in Total Return Securities in the 4th quarter valued at approximately $1,355,000. Institutional investors and hedge funds 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.
See Also
- Five stocks we like better than Total Return Securities
- NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
- Amazon Could Be About to Reap the Rewards of a Software Spending Boom
- Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof
- AI Fears Hit Nebius Stock, But Has the Growth Thesis Changed?
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.
