Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $19.02 and traded as low as $17.52. Calamos Strategic Total Return Fund shares last traded at $17.68, with a volume of 459,448 shares trading hands.

Calamos Strategic Total Return Fund Stock Down 0.6%

The firm has a 50 day moving average price of $18.95 and a 200-day moving average price of $19.02.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 13th will be issued a $0.1225 dividend. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date is Friday, March 13th.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

A number of institutional investors have recently bought and sold shares of the business. Blue Trust Inc. acquired a new stake in Calamos Strategic Total Return Fund during the 3rd quarter valued at approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in shares of Calamos Strategic Total Return Fund in the second quarter worth $40,000. Arax Advisory Partners increased its stake in shares of Calamos Strategic Total Return Fund by 1,613.0% in the fourth quarter. Arax Advisory Partners now owns 3,152 shares of the investment management company’s stock worth $61,000 after acquiring an additional 2,968 shares during the period. N.E.W. Advisory Services LLC raised its holdings in shares of Calamos Strategic Total Return Fund by 100.0% during the fourth quarter. N.E.W. Advisory Services LLC now owns 4,400 shares of the investment management company’s stock worth $84,000 after purchasing an additional 2,200 shares during the last quarter. Finally, CX Institutional purchased a new position in shares of Calamos Strategic Total Return Fund during the third quarter worth $87,000.

About Calamos Strategic Total Return Fund

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