Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Calamos Global Dynamic Income Fund (NASDAQ:CHW) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.70 and traded as high as $6.91. Calamos Global Dynamic Income Fund shares last traded at $6.78, with a volume of 208,354 shares traded.

Calamos Global Dynamic Income Fund Price Performance

The firm has a fifty day moving average of $6.62 and a 200 day moving average of $6.70.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 20th. Stockholders of record on Thursday, June 12th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 12th. This represents a $0.60 annualized dividend and a dividend yield of 8.85%.

Institutional Trading of Calamos Global Dynamic Income Fund

Institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in Calamos Global Dynamic Income Fund during the 1st quarter valued at $213,000. 1607 Capital Partners LLC lifted its position in shares of Calamos Global Dynamic Income Fund by 71.1% during the first quarter. 1607 Capital Partners LLC now owns 136,451 shares of the investment management company’s stock worth $872,000 after purchasing an additional 56,682 shares during the last quarter. First Manhattan CO. LLC. bought a new stake in shares of Calamos Global Dynamic Income Fund during the first quarter worth $67,000. Royal Bank of Canada lifted its holdings in Calamos Global Dynamic Income Fund by 91.7% during the 1st quarter. Royal Bank of Canada now owns 246,847 shares of the investment management company’s stock valued at $1,577,000 after buying an additional 118,085 shares in the last quarter. Finally, Baird Financial Group Inc. lifted its holdings in Calamos Global Dynamic Income Fund by 0.5% during the 1st quarter. Baird Financial Group Inc. now owns 1,220,946 shares of the investment management company’s stock valued at $7,802,000 after buying an additional 5,604 shares in the last quarter.

About Calamos Global Dynamic Income Fund

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