Insider Buying: Total Return Securities (NYSE:SWZ) CEO Buys $57,700.00 in Stock

Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 10,000 shares of the business’s stock in a transaction on Monday, September 28th. The stock was purchased at an average cost of $5.77 per share, for a total transaction of $57,700.00. Following the acquisition, the chief executive officer owned 60,000 shares in the company, valued at approximately $346,200. The trade was a 20.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Andrew Dakos also recently made the following trade(s):

• On Friday, September 25th, Andrew Dakos acquired 10,000 shares of Total Return Securities stock. The stock was purchased at an average price of $5.81 per share, for a total transaction of $58,100.00.
• On Thursday, July 2nd, Andrew Dakos acquired 5,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $5.92 per share, with a total value of $29,600.00.

Total Return Securities Trading Up 0.3%

Total Return Securities stock opened at $5.71 on Friday. The firm has a 50-day moving average of $5.91 and a 200-day moving average of $5.95. Total Return Securities, Inc. has a 1-year low of $5.68 and a 1-year high of $6.31.

Institutional Investors Weigh In On Total Return Securities

Several institutional investors and hedge funds have recently bought and sold shares of SWZ. Susquehanna International Group LLP bought a new stake in shares of Total Return Securities in the 2nd quarter worth approximately $220,000. Almitas Capital LLC bought a new position in shares of Total Return Securities during the second quarter valued at approximately $687,000. Bank of America Corp DE bought a new position in shares of Total Return Securities during the second quarter valued at approximately $5,152,000. Evolve Private Wealth LLC purchased a new stake in Total Return Securities in the second quarter worth $827,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in Total Return Securities in the second quarter worth $581,000. Hedge funds and other institutional investors own 41.12% of the company’s stock.

Total Return Securities Company Profile

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.