Insider Buying: Total Return Securities (NYSE:SWZ) Director Acquires 3,000 Shares

Key Points

• Director Moritz Sell purchased 3,000 SWZ shares at an average price of $5.98, investing $17,940 and increasing his holdings by 11.88% to 28,246 shares.
• SWZ shares fell 0.3% to $5.97, with trading volume of 19,920 shares—below the average volume of 74,843. The stock has traded between $5.84 and $6.31 over the past year.
• Institutional investors own 41.12% of the fund, with several hedge funds recently initiating or expanding positions, including Bank of America, Susquehanna International Group and Gamco Investors.

Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) Director Moritz Sell bought 3,000 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were purchased at an average price of $5.98 per share, for a total transaction of $17,940.00. Following the purchase, the director owned 28,246 shares in the company, valued at $168,911.08. This represents a 11.88% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Total Return Securities Trading Down 0.3%

SWZ stock traded down $0.02 during trading on Tuesday, reaching $5.97. The company's stock had a trading volume of 19,920 shares, compared to its average volume of 74,843. The company's fifty day moving average is $5.93 and its 200-day moving average is $5.98. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $6.31.

Institutional Trading of Total Return Securities

Several hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of Total Return Securities during the 2nd quarter worth approximately $55,000. Marex Group plc bought a new position in Total Return Securities during the fourth quarter valued at $62,000. Bank of America Corp DE raised its stake in shares of Total Return Securities by 375.2% in the fourth quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund's stock valued at $102,000 after acquiring an additional 10,795 shares during the period. Susquehanna International Group LLP raised its stake 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 valued at $117,000 after acquiring an additional 9,126 shares during the period. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of Total Return Securities by 100.0% in the 4th quarter. Gamco Investors INC. ET AL now owns 32,096 shares of the closed-end fund's stock worth $200,000 after acquiring an additional 16,048 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.

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