UBS Group AG Sells 85,842 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ

UBS Group AG decreased its stake in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 35.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 154,646 shares of the company’s stock after selling 85,842 shares during the period. UBS Group AG’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $2,261,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. increased its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 3.9% in the 3rd quarter. Raymond James Financial Inc. now owns 455,147 shares of the company’s stock worth $7,355,000 after buying an additional 17,042 shares during the last quarter. Penserra Capital Management LLC increased its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 14.4% in the 3rd quarter. Penserra Capital Management LLC now owns 302,794 shares of the company’s stock worth $4,893,000 after buying an additional 38,105 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 3.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 219,447 shares of the company’s stock worth $3,546,000 after buying an additional 7,242 shares during the last quarter. Shaker Financial Services LLC bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter worth $1,853,000. Finally, J.W. Cole Advisors Inc. increased its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 5.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 111,838 shares of the company’s stock worth $1,807,000 after buying an additional 5,872 shares during the last quarter.

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

Shares of NASDAQ:CPZ opened at $12.80 on Thursday. The company’s fifty day moving average price is $13.60 and its 200-day moving average price is $14.43. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $12.73 and a one year high of $16.82.

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

The business also recently declared a monthly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 14th were issued a $0.14 dividend. The ex-dividend date of this dividend was Thursday, May 14th. This represents a c) dividend on an annualized basis and a dividend yield of 13.1%.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.