Calamos Strategic Total Return Fund (NASDAQ:CSQ) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.35 and traded as high as $20.46. Calamos Strategic Total Return Fund shares last traded at $20.20, with a volume of 197,736 shares trading hands.

Calamos Strategic Total Return Fund Trading Down 1.3%

The firm has a fifty day simple moving average of $20.35 and a 200-day simple moving average of $19.36.

Calamos Strategic Total Return Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 14th will be paid a dividend of $0.135 per share. The ex-dividend date is Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 8.0%. This is a boost from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.12.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Assetmark Inc. boosted its stake in shares of Calamos Strategic Total Return Fund by 162.1% during the first quarter. Assetmark Inc. now owns 1,683 shares of the investment management company’s stock worth $29,000 after buying an additional 1,041 shares during the period. Bartlett & CO. Wealth Management LLC raised its stake in Calamos Strategic Total Return Fund by 682.2% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,112 shares of the investment management company’s stock valued at $36,000 after acquiring an additional 1,842 shares during the last quarter. Arax Advisory Partners lifted its position in Calamos Strategic Total Return Fund by 1,613.0% during the 4th quarter. Arax Advisory Partners now owns 3,152 shares of the investment management company’s stock worth $61,000 after acquiring an additional 2,968 shares during the period. N.E.W. Advisory Services LLC lifted its position in Calamos Strategic Total Return Fund by 100.0% during the 4th quarter. N.E.W. Advisory Services LLC now owns 4,400 shares of the investment management company’s stock worth $84,000 after acquiring an additional 2,200 shares during the period. Finally, Parallel Advisors LLC lifted its position in Calamos Strategic Total Return Fund by 13.0% during the 3rd quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock worth $113,000 after acquiring an additional 678 shares during the period.

Calamos Strategic Total Return Fund Company Profile

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