Total Return Securities (NYSE:SWZ) Director Buys $11,520.00 in Stock

Key Points

• Director Moritz Sell purchased 2,000 shares of Total Return Securities at an average price of $5.76, investing $11,520 and increasing his stake by 7.08% to 30,246 shares.
• SWZ shares fell 0.4% to $5.71, near the fund’s one-year low of $5.70; the stock remains below its 50-day and 200-day moving averages.
• Institutional investors and hedge funds own 41.12% of the closed-end fund, which invests primarily in publicly traded Swiss companies.

Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) Director Moritz Sell bought 2,000 shares of the stock in a transaction that occurred on Monday, September 28th. The shares were purchased at an average price of $5.76 per share, for a total transaction of $11,520.00. Following the completion of the acquisition, the director owned 30,246 shares of the company's stock, valued at $174,216.96. The trade was a 7.08% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Total Return Securities Stock Down 0.4%

Shares of Total Return Securities stock traded down $0.03 during trading on Wednesday, hitting $5.71. 14,023 shares of the stock were exchanged, compared to its average volume of 69,957. The company has a fifty day moving average price of $5.92 and a 200-day moving average price of $5.96. Total Return Securities, Inc. has a 1-year low of $5.70 and a 1-year high of $6.31.

Institutional Trading of Total Return Securities

A number of hedge funds have recently made changes to their positions in SWZ. Bank of America Corp DE acquired a new position in shares of Total Return Securities during the 2nd quarter worth approximately $5,152,000. Evolve Private Wealth LLC acquired a new stake in Total Return Securities during the 2nd quarter valued at $827,000. Sit Investment Associates Inc. boosted its position in Total Return Securities by 33,845.7% during the fourth quarter. Sit Investment Associates Inc. now owns 101,837 shares of the closed-end fund's stock worth $633,000 after purchasing an additional 101,537 shares during the period. Almitas Capital LLC acquired a new position in shares of Total Return Securities in the second quarter valued at $687,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Total Return Securities in the second quarter valued at about $581,000. 41.12% of the stock is owned by institutional investors and hedge funds.

About Total Return Securities

Total Return Securities NYSE: SWZ is a closed-end investment fund focused primarily on publicly traded companies in Switzerland. Rather than operating a commercial business, the fund provides investors with a vehicle for gaining exposure to Swiss equities and the broader Swiss market.

The fund's portfolio may include companies from multiple industries and is managed with the objective of providing shareholders with long-term capital appreciation and income through investments in Swiss securities.

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