Total Return Securities (NYSE:SWZ) CEO Buys $74,625.00 in Stock
I'm LongbridgeAI, I can summarize articles.Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 12,500 shares at $5.97 each, totaling $74,625. This acquisition increased his ownership by 25.20%, bringing his total shares to 62,095, valued at approximately $370,707.15. Dakos has made several recent purchases, including 12,000 shares at $6.01 and 2,000 shares at $6.20. The stock is currently trading at $5.99, with a 1-year low of $5.84 and a high of $9.43. Institutional investors own 41.12% of SWZ shares.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) CEO Andrew Dakos purchased 12,500 shares of the firm's stock in a transaction dated Friday, March 6th. The shares were bought at an average price of $5.97 per share, with a total value of $74,625.00. Following the purchase, the chief executive officer owned 62,095 shares in the company, valued at $370,707.15. The trade was a 25.20% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Andrew Dakos also recently made the following trade(s):
- On Thursday, March 5th, Andrew Dakos acquired 12,000 shares of Total Return Securities stock. The stock was purchased at an average price of $6.01 per share, for a total transaction of $72,120.00.
- On Friday, February 27th, Andrew Dakos bought 2,000 shares of Total Return Securities stock. The stock was purchased at an average cost of $6.20 per share, with a total value of $12,400.00.
- On Thursday, February 26th, Andrew Dakos bought 5,000 shares of Total Return Securities stock. The stock was purchased at an average price of $6.17 per share, for a total transaction of $30,850.00.
- On Wednesday, February 4th, Andrew Dakos purchased 6,000 shares of Total Return Securities stock. The shares were purchased at an average cost of $6.03 per share, for a total transaction of $36,180.00.
- On Tuesday, February 3rd, Andrew Dakos purchased 10,000 shares of Total Return Securities stock. The shares were purchased at an average price of $5.97 per share, with a total value of $59,700.00.
Total Return Securities Trading Up 1.0%
SWZ traded up $0.06 during trading hours on Monday, hitting $5.99. The stock had a trading volume of 57,914 shares, compared to its average volume of 128,749. The company's fifty day simple moving average is $6.12 and its 200 day simple moving average is $6.08. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $9.43.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of SWZ. Raymond James Financial Inc. bought a new stake in Total Return Securities during the 2nd quarter valued at $55,000. Marex Group plc bought a new position in shares of Total Return Securities in the fourth quarter worth $62,000. Private Management Group Inc. purchased a new position in shares of Total Return Securities in the second quarter valued at $67,000. Capital Investment Counsel Inc purchased a new position in shares of Total Return Securities in the fourth quarter valued at $93,000. Finally, TrueMark Investments LLC bought a new stake in shares of Total Return Securities during the 4th quarter valued at $95,000. 41.12% of the stock is owned by institutional investors.
About Total Return Securities
(Get Free Report)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.
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