Phillip Goldstein Buys 5,980 Shares of Total Return Securities (NYSE:SWZ) Stock

Total Return Securities, Inc. (NYSE:SWZ) insider Phillip Goldstein bought 5,980 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were acquired at an average price of $5.95 per share, for a total transaction of $35,581.00. Following the transaction, the insider owned 119,214 shares in the company, valued at approximately $709,323.30. This represents a 5.28% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Total Return Securities Stock Down 0.7%

Shares of NYSE SWZ traded down $0.04 during midday trading on Wednesday, reaching $5.94. The company’s stock had a trading volume of 27,171 shares, compared to its average volume of 90,128. The business’s 50 day moving average price is $5.97 and its two-hundred day moving average price is $6.04. Total Return Securities, Inc. has a fifty-two week low of $5.84 and a fifty-two week high of $6.43.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Matisse Capital boosted its holdings in shares of Total Return Securities by 0.5% in the 4th quarter. Matisse Capital now owns 610,000 shares of the closed-end fund’s stock valued at $3,794,000 after purchasing an additional 3,000 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Total Return Securities by 58.3% during the 3rd quarter. Raymond James Financial Inc. now owns 13,850 shares of the closed-end fund’s stock worth $84,000 after buying an additional 5,100 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of Total Return Securities by 89.6% during the 3rd quarter. Susquehanna International Group LLP now owns 19,315 shares of the closed-end fund’s stock worth $117,000 after buying an additional 9,126 shares during the last quarter. Marex Group plc bought a new stake in shares of Total Return Securities during the 4th quarter worth $62,000. Finally, Bank of America Corp DE lifted its position 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 last quarter. 41.12% of the stock is owned by 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.