Total Return Securities (NYSE:SWZ) CEO Andrew Dakos Acquires 5,500 Shares

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 5,500 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were purchased at an average cost of $5.99 per share, for a total transaction of $32,945.00. Following the completion of the transaction, the chief executive officer directly owned 126,000 shares of the company’s stock, valued at approximately $754,740. This represents a 4.56% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Andrew Dakos also recently made the following trade(s):

• On Wednesday, May 27th, Andrew Dakos purchased 7,500 shares of Total Return Securities stock. The shares were purchased at an average cost of $5.97 per share, for a total transaction of $44,775.00.
• On Friday, April 17th, Andrew Dakos purchased 3,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.09 per share, for a total transaction of $18,270.00.
• On Thursday, April 16th, Andrew Dakos acquired 7,718 shares of Total Return Securities stock. The stock was bought at an average cost of $6.06 per share, for a total transaction of $46,771.08.
• On Thursday, April 16th, Andrew Dakos acquired 547 shares of Total Return Securities stock. The stock was bought at an average cost of $6.04 per share, for a total transaction of $3,303.88.
• On Wednesday, April 8th, Andrew Dakos acquired 4,000 shares of Total Return Securities stock. The stock was bought at an average cost of $5.97 per share, for a total transaction of $23,880.00.
• On Tuesday, April 7th, Andrew Dakos acquired 2,000 shares of Total Return Securities stock. The stock was bought at an average cost of $5.95 per share, for a total transaction of $11,900.00.
• On Monday, April 6th, Andrew Dakos acquired 100 shares of Total Return Securities stock. The stock was bought at an average cost of $5.95 per share, for a total transaction of $595.00.
• On Thursday, April 2nd, Andrew Dakos acquired 4,863 shares of Total Return Securities stock. The stock was bought at an average cost of $5.93 per share, for a total transaction of $28,837.59.
• On Thursday, March 12th, Andrew Dakos purchased 3,324 shares of Total Return Securities stock. The stock was acquired at an average price of $6.00 per share, for a total transaction of $19,944.00.
• On Wednesday, March 11th, Andrew Dakos purchased 1,700 shares of Total Return Securities stock. The stock was acquired at an average price of $6.00 per share, for a total transaction of $10,200.00.

Total Return Securities Stock Performance

SWZ stock opened at $6.02 on Friday. The company’s 50-day simple moving average is $6.00 and its 200 day simple moving average is $6.07. Total Return Securities, Inc. has a 52 week low of $5.84 and a 52 week high of $6.43.

Institutional Investors Weigh In On Total Return Securities

A number of large investors have recently bought and sold shares of SWZ. Raymond James Financial Inc. acquired a new stake in Total Return Securities during the second quarter worth about $55,000. Marex Group plc acquired a new stake in shares of Total Return Securities in the 4th quarter valued at approximately $62,000. Capital Investment Counsel Inc acquired a new stake in shares of Total Return Securities in the 4th quarter valued at approximately $93,000. TrueMark Investments LLC acquired a new stake in shares of Total Return Securities in the 4th quarter valued at approximately $95,000. Finally, Bank of America Corp DE boosted its position in 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 period. 41.12% of the stock is currently owned by institutional investors and hedge funds.

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.