Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Passes Above 50 Day Moving Average of $15.98

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.98 and traded as high as $16.20. Calamos Strategic Total Return Fund shares last traded at $16.12, with a volume of 204,443 shares.

Calamos Strategic Total Return Fund Stock Performance

The business’s 50 day simple moving average is $15.98 and its 200-day simple moving average is $14.86.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 19th. Shareholders of record on Friday, April 12th will be paid a dividend of $0.102 per share. The ex-dividend date of this dividend is Thursday, April 11th. This represents a $1.22 dividend on an annualized basis and a yield of 7.59%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mariner LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 1.0% in the first quarter. Mariner LLC now owns 75,508 shares of the investment management company’s stock worth $1,324,000 after acquiring an additional 761 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Calamos Strategic Total Return Fund by 5.5% in the second quarter. Mercer Global Advisors Inc. ADV now owns 15,653 shares of the investment management company’s stock worth $231,000 after acquiring an additional 809 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 1.7% in the third quarter. Private Advisor Group LLC now owns 50,982 shares of the investment management company’s stock worth $717,000 after acquiring an additional 845 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Calamos Strategic Total Return Fund by 39.8% in the second quarter. US Bancorp DE now owns 2,973 shares of the investment management company’s stock worth $44,000 after acquiring an additional 847 shares during the last quarter. Finally, Avantax Advisory Services Inc. lifted its holdings in shares of Calamos Strategic Total Return Fund by 8.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 10,858 shares of the investment management company’s stock worth $161,000 after acquiring an additional 854 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile

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.