AQR Arbitrage LLC Sells 51,004 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

AQR Arbitrage LLC lessened its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 50.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 49,416 shares of the company’s stock after selling 51,004 shares during the quarter. AQR Arbitrage LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $733,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CPZ. Raymond James Financial Inc. purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at $4,527,000. Sit Investment Associates Inc. boosted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 14.7% during the fourth quarter. Sit Investment Associates Inc. now owns 1,007,522 shares of the company’s stock valued at $14,942,000 after purchasing an additional 129,034 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 24.2% in the fourth quarter. Advisors Asset Management Inc. now owns 486,773 shares of the company’s stock worth $7,219,000 after purchasing an additional 94,945 shares during the last quarter. Integrity Wealth Advisors Inc. bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter worth about $755,000. Finally, J.W. Cole Advisors Inc. lifted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 57.4% during the 4th quarter. J.W. Cole Advisors Inc. now owns 77,586 shares of the company’s stock valued at $1,151,000 after buying an additional 28,301 shares in the last quarter.

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

Calamos Long/Short Equity & Dynamic Income Term Trust stock opened at $15.37 on Friday. The firm has a 50-day moving average of $15.31 and a two-hundred day moving average of $15.39. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1 year low of $14.51 and a 1 year high of $16.03.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, April 21st. Investors of record on Friday, April 11th were paid a $0.14 dividend. The ex-dividend date was Friday, April 11th. This represents a $1.68 annualized dividend and a yield of 10.93%.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.