Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Calamos Strategic Total Return Fund (NASDAQ:CSQ) shares crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $19.31 and traded as high as $19.47. Calamos Strategic Total Return Fund shares last traded at $19.30, with a volume of 215,338 shares traded.

Calamos Strategic Total Return Fund Trading Down 0.1%

The firm has a 50-day moving average of $19.31 and a 200 day moving average of $18.99.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 23rd. Investors of record on Friday, February 13th will be issued a dividend of $0.1225 per share. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Friday, February 13th.

Institutional Trading of Calamos Strategic Total Return Fund

A number of large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in shares of Calamos Strategic Total Return Fund by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 4,783,958 shares of the investment management company’s stock worth $92,283,000 after purchasing an additional 48,205 shares during the last quarter. Cornerstone Advisors LLC increased its position in Calamos Strategic Total Return Fund by 53.7% during the third quarter. Cornerstone Advisors LLC now owns 2,211,013 shares of the investment management company’s stock worth $42,650,000 after buying an additional 772,878 shares during the last quarter. Raymond James Financial Inc. raised its stake in Calamos Strategic Total Return Fund by 3.5% in the second quarter. Raymond James Financial Inc. now owns 1,995,245 shares of the investment management company’s stock valued at $36,393,000 after buying an additional 67,576 shares during the period. Bensler LLC raised its stake in Calamos Strategic Total Return Fund by 7.9% in the fourth quarter. Bensler LLC now owns 1,087,101 shares of the investment management company’s stock valued at $20,872,000 after buying an additional 79,519 shares during the period. Finally, McGowan Group Asset Management Inc. lifted its position in shares of Calamos Strategic Total Return Fund by 0.6% in the fourth quarter. McGowan Group Asset Management Inc. now owns 797,580 shares of the investment management company’s stock valued at $15,314,000 after buying an additional 5,095 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile

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