Oppenheimer & Co. Inc. Has $3.08 Million Position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

Oppenheimer & Co. Inc. increased its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 1.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 196,061 shares of the company’s stock after purchasing an additional 3,060 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $3,076,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Janney Montgomery Scott LLC increased its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 6.4% during the first quarter. Janney Montgomery Scott LLC now owns 25,568 shares of the company’s stock worth $395,000 after buying an additional 1,528 shares in the last quarter. Comerica Bank increased its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.3% in the 1st quarter. Comerica Bank now owns 24,604 shares of the company’s stock worth $380,000 after purchasing an additional 3,082 shares in the last quarter. Optimum Investment Advisors raised its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 43.0% in the second quarter. Optimum Investment Advisors now owns 13,300 shares of the company’s stock valued at $203,000 after purchasing an additional 4,000 shares during the last quarter. Catalina Capital Group LLC boosted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 62.3% during the second quarter. Catalina Capital Group LLC now owns 16,617 shares of the company’s stock valued at $253,000 after purchasing an additional 6,380 shares in the last quarter. Finally, Calamos Wealth Management LLC grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 155.7% during the second quarter. Calamos Wealth Management LLC now owns 26,783 shares of the company’s stock worth $408,000 after purchasing an additional 16,308 shares during the last quarter.

Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance

CPZ opened at 15.31 on Friday. The company’s 50 day moving average price is 15.60 and its two-hundred day moving average price is 15.50. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of 13.77 and a fifty-two week high of 16.03.

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

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 13th will be issued a $0.14 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $1.68 dividend on an annualized basis and a yield of 10.97%.

Insider Buying and Selling

In related news, VP John S. Koudounis sold 24,739 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of 15.41, for a total value of 381,227.99. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Calamos Long/Short Equity & Dynamic Income Term Trust Profile

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.