Calamos Strategic Total Return Fund (NASDAQ:CSQ) Shares Pass Above 50-Day Moving Average – Should You Sell?

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $19.10 and traded as high as $19.34. Calamos Strategic Total Return Fund shares last traded at $19.25, with a volume of 268,716 shares changing hands.

Calamos Strategic Total Return Fund Price Performance

The business has a 50 day simple moving average of $19.10 and a two-hundred day simple moving average of $18.89.

Calamos Strategic Total Return Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Tuesday, December 30th were given a $0.1225 dividend. This is a positive change from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a c) annualized dividend and a yield of 7.6%.

Institutional Trading of Calamos Strategic Total Return Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 13.0% in the 3rd quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock valued at $113,000 after buying an additional 678 shares during the period. Allworth Financial LP grew its holdings in Calamos Strategic Total Return Fund by 13.4% during the second quarter. Allworth Financial LP now owns 6,235 shares of the investment management company’s stock worth $114,000 after acquiring an additional 736 shares during the period. Insigneo Advisory Services LLC raised its position in Calamos Strategic Total Return Fund by 5.7% during the second quarter. Insigneo Advisory Services LLC now owns 13,924 shares of the investment management company’s stock valued at $254,000 after acquiring an additional 750 shares in the last quarter. Kestra Private Wealth Services LLC lifted its holdings in Calamos Strategic Total Return Fund by 2.5% in the third quarter. Kestra Private Wealth Services LLC now owns 32,588 shares of the investment management company’s stock valued at $629,000 after acquiring an additional 791 shares during the period. Finally, HighTower Advisors LLC lifted its holdings in Calamos Strategic Total Return Fund by 0.7% in the third quarter. HighTower Advisors LLC now owns 119,666 shares of the investment management company’s stock valued at $2,308,000 after acquiring an additional 860 shares during the period.

About Calamos Strategic Total Return Fund

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