Calamos Global Total Return Fund (NASDAQ:CGO) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Calamos Global Total Return Fund (NASDAQ:CGO) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.57 and traded as high as $12.40. Calamos Global Total Return Fund shares last traded at $12.39, with a volume of 32,837 shares.

Calamos Global Total Return Fund Price Performance

The company has a fifty day moving average price of $11.57 and a two-hundred day moving average price of $11.75.

Calamos Global Total Return Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Tuesday, December 30th were given a dividend of $0.08 per share. The ex-dividend date was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Institutional Trading of Calamos Global Total Return Fund

A number of large investors have recently bought and sold shares of CGO. NewEdge Advisors LLC grew its position in Calamos Global Total Return Fund by 6.8% during the 3rd quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock worth $208,000 after purchasing an additional 1,100 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of Calamos Global Total Return Fund by 36.5% during the fourth quarter. CoreCap Advisors LLC now owns 5,615 shares of the investment management company’s stock worth $64,000 after buying an additional 1,500 shares during the period. Prairie Wealth Advisors Inc. grew its holdings in shares of Calamos Global Total Return Fund by 1.9% during the third quarter. Prairie Wealth Advisors Inc. now owns 88,575 shares of the investment management company’s stock worth $1,066,000 after buying an additional 1,650 shares during the last quarter. Brookstone Capital Management grew its holdings in shares of Calamos Global Total Return Fund by 5.8% during the fourth quarter. Brookstone Capital Management now owns 47,583 shares of the investment management company’s stock worth $542,000 after buying an additional 2,591 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Calamos Global Total Return Fund by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 161,024 shares of the investment management company’s stock valued at $1,886,000 after acquiring an additional 4,122 shares during the period.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund, Inc (NASDAQ: CGO) is a closed-end management investment company that seeks to provide total return through a combination of capital appreciation and current income. The fund is managed by Calamos Advisors LLC, an affiliate of Calamos Investments, and pursues a flexible, multi‐asset strategy designed to adapt to changing market environments. Its objective is to deliver competitive risk‐adjusted returns over full market cycles by blending growth and income opportunities within a single vehicle.

The fund invests in a globally diversified portfolio of equity and debt securities, including common stocks, convertible securities and high‐yield corporate bonds.