Equus Total Return (EQS) : Blue Bell Private Wealth Management reduced its stake in Equus Total Return by 1.6% during the most recent quarter end. The investment management company now holds a total of 37,739 shares of Equus Total Return which is valued at $70,195 after selling 615 shares in Equus Total Return , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Equus Total Return makes up approximately 0.04% of Blue Bell Private Wealth Management’s portfolio.
Equus Total Return opened for trading at $1.82 and hit $1.87 on the upside on Friday, eventually ending the session at $1.86, with a gain of 1.09% or 0.02 points. The heightened volatility saw the trading volume jump to 692 shares. Company has a market cap of $24 M.
Equus Total Return Inc. (the Fund) is a closed-end management investment company. The Funds investment objective is to maximize the total return to the Companys stockholders in the form of current investment income and long-term capital gains by investing in the debt and equity securities of small and middle market capitalization companies that are generally not publicly traded at the time of its investment. The Company seeks to invest primarily in companies pursuing growth either through acquisition or organically leveraged buyouts management buyouts and recapitalizations of existing businesses or special situations. The Company’s income-producing investments consist principally of debt securities including subordinate debt debt convertible into common or preferred stock or debt combined with warrants and common and preferred stock.