Total Return Securities (NYSE:SWZ) Director Acquires 1,853 Shares

Total Return Securities, Inc. (NYSE:SWZ) Director Moritz Sell bought 1,853 shares of Total Return Securities stock in a transaction on Thursday, June 18th. The shares were purchased at an average cost of $5.91 per share, for a total transaction of $10,951.23. Following the completion of the purchase, the director directly owned 16,155 shares of the company’s stock, valued at $95,476.05. This trade represents a 12.96% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Total Return Securities Stock Performance

NYSE:SWZ traded down $0.01 on Monday, hitting $5.91. The stock had a trading volume of 28,085 shares, compared to its average volume of 93,182. The company has a fifty day moving average price of $6.00 and a two-hundred day moving average price of $6.06. Total Return Securities, Inc. has a 1-year low of $5.84 and a 1-year high of $6.43.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Alpine Global Management LLC raised its position in Total Return Securities by 372.2% in the fourth quarter. Alpine Global Management LLC now owns 413,169 shares of the closed-end fund’s stock valued at $2,570,000 after purchasing an additional 325,669 shares during the period. Sit Investment Associates Inc. grew its holdings in shares of Total Return Securities by 33,845.7% during the 4th 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. Saba Capital Management L.P. increased its position in shares of Total Return Securities by 100.0% during the 4th quarter. Saba Capital Management L.P. now owns 605,224 shares of the closed-end fund’s stock worth $3,764,000 after purchasing an additional 302,612 shares during the last quarter. Rivernorth Capital Management LLC increased its position in shares of Total Return Securities by 15.4% during the 4th quarter. Rivernorth Capital Management LLC now owns 437,018 shares of the closed-end fund’s stock worth $2,718,000 after purchasing an additional 58,381 shares during the last quarter. Finally, Evolve Private Wealth LLC purchased a new stake in Total Return Securities in the 4th quarter valued at about $1,355,000. 41.12% of the stock is currently owned by hedge funds and other 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.