Insider Buying: Total Return Securities (NYSE:SWZ) CEO Buys 1,700 Shares of Stock
I'm LongbridgeAI, I can summarize articles.Total Return Securities, Inc. (NYSE:SWZ) CEO Andrew Dakos purchased 1,700 shares at $6.00 each on March 11, totaling $10,200. This acquisition increased his ownership by 2.74%, bringing his total to 63,795 shares valued at approximately $382,770. Dakos has made several other recent purchases, including 3,324 shares on March 12 and 12,500 shares on March 6. The stock is currently trading at $5.98, with a 1-year range of $5.84 to $9.43. Institutional investors hold 41.12% of the stock.
Total Return Securities, Inc. (NYSE:SWZ - Get Free Report) CEO Andrew Dakos purchased 1,700 shares of the business's stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average price of $6.00 per share, for a total transaction of $10,200.00. Following the purchase, the chief executive officer owned 63,795 shares of the company's stock, valued at approximately $382,770. This trade represents a 2.74% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.
Andrew Dakos also recently made the following trade(s):
- On Thursday, March 12th, Andrew Dakos acquired 3,324 shares of Total Return Securities stock. The stock was purchased at an average price of $6.00 per share, with a total value of $19,944.00.
- On Friday, March 6th, Andrew Dakos acquired 12,500 shares of Total Return Securities stock. The stock was acquired at an average cost of $5.97 per share, with a total value of $74,625.00.
- On Thursday, March 5th, Andrew Dakos bought 12,000 shares of Total Return Securities stock. The shares were acquired 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 shares were acquired at an average cost of $6.20 per share, for a total transaction of $12,400.00.
- On Thursday, February 26th, Andrew Dakos purchased 5,000 shares of Total Return Securities stock. The stock was acquired at an average price of $6.17 per share, with a total value of $30,850.00.
- On Wednesday, February 4th, Andrew Dakos purchased 6,000 shares of Total Return Securities stock. The stock was acquired at an average cost of $6.03 per share, with a total value of $36,180.00.
- On Tuesday, February 3rd, Andrew Dakos acquired 10,000 shares of Total Return Securities stock. The shares were acquired at an average price of $5.97 per share, for a total transaction of $59,700.00.
Total Return Securities Stock Performance
SWZ stock traded down $0.03 during trading on Friday, hitting $5.98. 5,853 shares of the company's stock traded hands, compared to its average volume of 75,544. Total Return Securities, Inc. has a 1 year low of $5.84 and a 1 year high of $9.43. The business has a fifty day simple moving average of $6.10 and a two-hundred day simple moving average of $6.08.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of Total Return Securities in the 2nd quarter worth $55,000. Marex Group plc bought a new stake in Total Return Securities during the fourth quarter valued at about $62,000. Private Management Group Inc. purchased a new position in Total Return Securities in the second quarter valued at about $67,000. Capital Investment Counsel Inc purchased a new position in Total Return Securities in the fourth quarter valued at about $93,000. Finally, TrueMark Investments LLC bought a new position in Total Return Securities in the fourth quarter worth about $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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