Calamos Strategic Total Return Fund (NASDAQ:CSQ) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $17.98 and traded as high as $18.31. Calamos Strategic Total Return Fund shares last traded at $18.31, with a volume of 179,814 shares changing hands.

Calamos Strategic Total Return Fund Trading Up 0.9 %

The company has a fifty day moving average price of $17.98 and a 200 day moving average price of $17.39.

Calamos Strategic Total Return Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 10th. Shareholders of record on Monday, December 30th were paid a dividend of $0.1025 per share. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.23 dividend on an annualized basis and a yield of 6.72%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CSQ. EverSource Wealth Advisors LLC grew its holdings in Calamos Strategic Total Return Fund by 18.7% during the second quarter. EverSource Wealth Advisors LLC now owns 18,568 shares of the investment management company’s stock worth $312,000 after buying an additional 2,920 shares in the last quarter. Insigneo Advisory Services LLC bought a new stake in shares of Calamos Strategic Total Return Fund in the 2nd quarter worth $265,000. NewEdge Advisors LLC grew its stake in shares of Calamos Strategic Total Return Fund by 1.8% in the 2nd quarter. NewEdge Advisors LLC now owns 60,315 shares of the investment management company’s stock worth $1,016,000 after acquiring an additional 1,077 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Calamos Strategic Total Return Fund by 44.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,444 shares of the investment management company’s stock valued at $142,000 after purchasing an additional 2,579 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Calamos Strategic Total Return Fund by 6.5% during the second quarter. Cetera Investment Advisers now owns 542,346 shares of the investment management company’s stock valued at $9,133,000 after purchasing an additional 32,974 shares in the last quarter.

Calamos Strategic Total Return Fund Company Profile

(Get Free Report)

Calamos Strategic Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in the public equity and fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.

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