Total Return Securities, Inc. (NYSE:SWZ – Get Free Report) insider Phillip Goldstein acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, October 8th. The shares were purchased at an average cost of $5.73 per share, for a total transaction of $28,650.00. Following the acquisition, the insider directly owned 124,229 shares in the company, valued at $711,832.17. This represents a 4.19% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Total Return Securities Stock Performance
SWZ opened at $5.72 on Thursday. Total Return Securities, Inc. has a 1 year low of $5.68 and a 1 year high of $6.31. The stock’s 50 day simple moving average is $5.89 and its 200-day simple moving average is $5.94.
Institutional Investors Weigh In On Total Return Securities
Several institutional investors and hedge funds have recently bought and sold shares of SWZ. Shaker Financial Services LLC increased its stake in Total Return Securities by 8.0% in the third quarter. Shaker Financial Services LLC now owns 424,625 shares of the closed-end fund’s stock valued at $2,420,000 after acquiring an additional 31,455 shares during the period. Susquehanna International Group LLP acquired a new position in Total Return Securities in the second quarter worth about $220,000. Landscape Capital Management L.L.C. acquired a new position in Total Return Securities in the second quarter worth about $581,000. Sit Investment Associates Inc. raised its position in Total Return Securities by 33,845.7% in the fourth 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 in the last quarter. Finally, Almitas Capital LLC bought a new position in Total Return Securities during the second quarter worth about $687,000. Institutional investors own 41.12% of the company’s stock.
Total Return Securities Company Profile
Total Return Securities, traded on the New York Stock Exchange under the symbol SWZ, is associated with the Swiss Helvetia Fund, Inc, a closed-end investment company focused on Swiss securities. The fund is designed to provide investors with exposure to Switzerland’s equity markets through a professionally managed portfolio.
The fund primarily invests in shares of Swiss companies across a range of industries and may also hold other securities, including fixed-income investments and cash equivalents.
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