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Total Return Securities (NYSE:SWZ) Shares Cross Below 200 Day Moving Average - Here's Why

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Key Points

  • Total Return Securities (NYSE:SWZ) has fallen below its 200-day moving average of $6.84, trading as low as $6.10 and closing at $6.12.
  • Recent institutional activity includes significant investments, such as North Ground Capital acquiring a new stake worth $44,000 and Bank of America increasing its stake by 375.2%.
  • Approximately 41.12% of Total Return Securities is currently held by hedge funds and institutional investors, indicating strong professional interest in the stock.
  • Five stocks we like better than Total Return Securities.

Shares of Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.84 and traded as low as $6.10. Total Return Securities shares last traded at $6.12, with a volume of 18,601 shares traded.

Total Return Securities Price Performance

The stock's 50-day moving average price is $6.13 and its 200-day moving average price is $6.78.

Institutional Investors Weigh In On Total Return Securities

A number of institutional investors have recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its position in shares of Total Return Securities by 9.9% in the first quarter. Envestnet Asset Management Inc. now owns 164,184 shares of the closed-end fund's stock valued at $1,514,000 after acquiring an additional 14,818 shares during the period. Shaker Financial Services LLC boosted its position in shares of Total Return Securities by 63.0% in the second quarter. Shaker Financial Services LLC now owns 140,360 shares of the closed-end fund's stock valued at $890,000 after acquiring an additional 54,272 shares during the period. Uncommon Cents Investing LLC boosted its position in shares of Total Return Securities by 23.8% in the second quarter. Uncommon Cents Investing LLC now owns 123,930 shares of the closed-end fund's stock valued at $786,000 after acquiring an additional 23,800 shares during the period. Blue Bell Private Wealth Management LLC raised its stake in Total Return Securities by 7.3% in the first quarter. Blue Bell Private Wealth Management LLC now owns 98,002 shares of the closed-end fund's stock valued at $904,000 after purchasing an additional 6,685 shares in the last quarter. Finally, Tabor Asset Management LP acquired a new position in Total Return Securities in the first quarter valued at about $278,000. Institutional investors own 41.12% of the company's stock.

About Total Return Securities

(Get Free Report)

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.

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