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

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $19.45 and traded as high as $20.25. Calamos Strategic Total Return Fund shares last traded at $19.80, with a volume of 214,053 shares changing hands.

Calamos Strategic Total Return Fund Trading Down 0.5%

The business has a 50-day simple moving average of $19.45 and a 200-day simple moving average of $19.10.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Friday, June 12th will be issued a dividend of $0.1225 per share. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Friday, June 12th.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Several hedge funds and other institutional investors have recently modified their holdings of CSQ. Assetmark Inc. boosted its holdings in Calamos Strategic Total Return Fund by 162.1% in the 1st quarter. Assetmark Inc. now owns 1,683 shares of the investment management company’s stock valued at $29,000 after purchasing an additional 1,041 shares during the period. Bartlett & CO. Wealth Management LLC increased its holdings in shares of 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 worth $36,000 after purchasing an additional 1,842 shares during the period. Arax Advisory Partners increased its holdings in shares of 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 purchasing an additional 2,968 shares during the period. N.E.W. Advisory Services LLC raised its position in shares of Calamos Strategic Total Return Fund by 100.0% during the fourth quarter. N.E.W. Advisory Services LLC now owns 4,400 shares of the investment management company’s stock valued at $84,000 after buying an additional 2,200 shares during the last quarter. Finally, Parallel Advisors LLC raised its position in shares of Calamos Strategic Total Return Fund by 13.0% during the third 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 last quarter.

Calamos Strategic Total Return Fund Company Profile

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