Total Return Securities (NYSE:SWZ) Insider Phillip Goldstein Purchases 10,000 Shares

Key Points

• Phillip Goldstein purchased 10,000 shares of Total Return Securities (NYSE:SWZ) on March 5 at an average price of $5.99, a $59,900 transaction that increased his holdings to 103,234 shares (a 10.73% rise).
• Goldstein also bought 5,000 shares on February 23 at $6.13, indicating continued insider accumulation of SWZ stock.
• SWZ traded up about 1.0% to $5.99 on the day, is near its 52‑week low of $5.84 (52‑week high $9.43), and roughly 41.12% of the shares are held by institutional investors.

Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) insider Phillip Goldstein purchased 10,000 shares of the stock in a transaction on Thursday, March 5th. The shares were bought at an average price of $5.99 per share, for a total transaction of $59,900.00. Following the acquisition, the insider owned 103,234 shares of the company's stock, valued at approximately $618,371.66. The trade was a 10.73% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Phillip Goldstein also recently made the following trade(s):

• On Monday, February 23rd, Phillip Goldstein bought 5,000 shares of Total Return Securities stock. The stock was purchased at an average price of $6.13 per share, for a total transaction of $30,650.00.

Total Return Securities Stock Up 1.0%

SWZ stock traded up $0.06 during mid-day trading on Monday, reaching $5.99. 57,914 shares of the stock traded hands, compared to its average volume of 128,749. Total Return Securities, Inc. has a 52 week low of $5.84 and a 52 week high of $9.43. The business has a 50-day moving average of $6.12 and a two-hundred day moving average of $6.08.

Institutional Investors Weigh In On Total Return Securities

Large investors have recently modified their holdings of the stock. Matisse Capital boosted its stake in 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 buying an additional 3,000 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Total Return Securities by 58.3% in the 3rd quarter. Raymond James Financial Inc. now owns 13,850 shares of the closed-end fund's stock valued at $84,000 after purchasing an additional 5,100 shares in the last quarter. Uhlmann Price Securities LLC grew its holdings in shares of Total Return Securities by 6.7% in the 3rd quarter. Uhlmann Price Securities LLC now owns 111,654 shares of the closed-end fund's stock worth $679,000 after purchasing an additional 7,045 shares during the last quarter. Susquehanna International Group LLP increased 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 purchasing an additional 9,126 shares in the last quarter. Finally, Marex Group plc bought a new position in Total Return Securities during the 4th quarter valued at about $62,000. 41.12% of the stock is currently 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.

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