Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ Stock Holdings Cut by Shaker Financial Services LLC

Shaker Financial Services LLC reduced its position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 50.8% during the third quarter, HoldingsChannel reports. The fund owned 90,470 shares of the company’s stock after selling 93,553 shares during the quarter. Shaker Financial Services LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $1,136,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of CPZ. Rivernorth Capital Management LLC raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 0.7% in the second quarter. Rivernorth Capital Management LLC now owns 465,879 shares of the company’s stock valued at $6,094,000 after purchasing an additional 3,368 shares during the period. TrueMark Investments LLC grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 5.4% in the 1st quarter. TrueMark Investments LLC now owns 84,876 shares of the company’s stock valued at $1,152,000 after buying an additional 4,320 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 5.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 83,904 shares of the company’s stock valued at $1,139,000 after buying an additional 4,157 shares in the last quarter. Evolve Private Wealth LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter valued at $886,000. Finally, Stephens Inc. AR raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 2.9% during the 1st quarter. Stephens Inc. AR now owns 63,890 shares of the company’s stock valued at $867,000 after acquiring an additional 1,775 shares during the period.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 1.7%

Shares of NASDAQ:CPZ traded down $0.22 during trading on Wednesday, hitting $12.49. 50,756 shares of the company were exchanged, compared to its average volume of 79,184. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52-week low of $12.39 and a 52-week high of $15.80. The stock has a 50 day moving average of $13.04 and a 200 day moving average of $13.18.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, October 21st. Investors of record on Wednesday, October 14th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $1.68 dividend on an annualized basis and a yield of 13.4%.

Calamos Long/Short Equity & Dynamic Income Term Trust Profile

Calamos Long/Short Equity & Dynamic Income Term Trust is a diversified, closed-end investment fund listed on Nasdaq under the symbol CPZ. The fund seeks to provide investors with total return through a combination of capital appreciation and current income.

CPZ uses a flexible long/short investment strategy focused primarily on equity securities, while also investing in income-producing assets such as corporate bonds, government securities, bank loans and other fixed-income instruments.