Stephens Inc. AR Cuts Position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

Stephens Inc. AR lowered its position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 1.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 59,190 shares of the company’s stock after selling 680 shares during the period. Stephens Inc. AR’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $921,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sit Investment Associates Inc. lifted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.7% during the 4th quarter. Sit Investment Associates Inc. now owns 1,007,522 shares of the company’s stock worth $14,942,000 after acquiring an additional 129,034 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at approximately $4,527,000. Oppenheimer & Co. Inc. boosted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 7.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 210,894 shares of the company’s stock valued at $3,282,000 after purchasing an additional 13,774 shares during the period. Cohen & Steers Inc. boosted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 6.6% during the 4th quarter. Cohen & Steers Inc. now owns 160,854 shares of the company’s stock worth $2,385,000 after acquiring an additional 10,000 shares during the period. Finally, Guggenheim Capital LLC boosted its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 9.4% during the 4th quarter. Guggenheim Capital LLC now owns 132,265 shares of the company’s stock worth $1,961,000 after acquiring an additional 11,317 shares during the period.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Down 0.6%

Shares of NASDAQ CPZ opened at $16.14 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $14.51 and a 12 month high of $16.55. The business has a fifty day simple moving average of $15.98 and a 200-day simple moving average of $15.57.

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

The company also recently announced a monthly dividend, which will be paid on Monday, July 21st. Shareholders of record on Monday, July 14th will be given a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a yield of 10.41%. The ex-dividend date of this dividend is Monday, July 14th.

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.