Total Return Securities (NYSE:SWZ) Stock Passes Above 50 Day Moving Average - Time to Sell?

Key Points

• Total Return Securities (NYSE:SWZ) saw its stock price rise above the fifty-day moving average, currently trading at $6.22, after reaching a high of $6.43 during the day.
• Institutional ownership of Total Return Securities has increased, with notable investments from Saba Capital Management, Envestnet Asset Management, and 1607 Capital Partners during the recent quarters.
• The Swiss Helvetia Fund Inc, which manages Total Return Securities, primarily invests in value stocks across various sectors within the Swiss public equity markets.

Shares of Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $6.29 and traded as high as $6.43. Total Return Securities shares last traded at $6.22, with a volume of 7,137 shares traded.

Total Return Securities Stock Down 2.3%

The business's fifty day moving average is $6.28 and its two-hundred day moving average is $7.47.

Institutional Investors Weigh In On Total Return Securities

A number of institutional investors have recently bought and sold shares of the stock. North Ground Capital purchased a new position in Total Return Securities in the 1st quarter worth approximately $44,000. Blue Bell Private Wealth Management LLC increased its holdings in Total Return Securities by 7.3% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 98,002 shares of the closed-end fund's stock worth $904,000 after purchasing an additional 6,685 shares during the last quarter. Uncommon Cents Investing LLC increased its holdings in Total Return Securities by 8.7% during the 1st quarter. Uncommon Cents Investing LLC now owns 100,130 shares of the closed-end fund's stock worth $923,000 after purchasing an additional 8,030 shares during the last quarter. Bank of America Corp DE increased its holdings 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 purchasing an additional 10,795 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Total Return Securities by 9.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 164,184 shares of the closed-end fund's stock worth $1,514,000 after purchasing an additional 14,818 shares during the last quarter. 41.12% of the stock is currently owned by hedge funds and other institutional investors.

About Total Return Securities

The Swiss Helvetia Fund Inc is a closed-ended equity mutual fund launched and managed by Schroder Investment Management North America Inc The fund invests in public equity markets of Switzerland. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.