Calamos Strategic Total Return Fund (NASDAQ:CSQ) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $19.97 and traded as low as $19.96. Calamos Strategic Total Return Fund shares last traded at $20.28, with a volume of 283,747 shares trading hands.

Calamos Strategic Total Return Fund Price Performance

The firm’s fifty day simple moving average is $19.97 and its 200-day simple moving average is $19.21.

Calamos Strategic Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 12th were given a dividend of $0.1225 per share. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date was Friday, June 12th.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Several hedge funds have recently bought and sold shares of the stock. Assetmark Inc. lifted its position in shares of Calamos Strategic Total Return Fund by 162.1% in the first quarter. Assetmark Inc. now owns 1,683 shares of the investment management company’s stock valued at $29,000 after acquiring an additional 1,041 shares in the last quarter. Bartlett & CO. Wealth Management LLC increased its position in Calamos Strategic Total Return Fund by 682.2% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,112 shares of the investment management company’s stock worth $36,000 after purchasing an additional 1,842 shares in the last quarter. Arax Advisory Partners raised its stake in Calamos Strategic Total Return Fund by 1,613.0% in the 4th quarter. Arax Advisory Partners now owns 3,152 shares of the investment management company’s stock valued at $61,000 after purchasing an additional 2,968 shares during the last quarter. N.E.W. Advisory Services LLC raised its stake in Calamos Strategic Total Return Fund by 100.0% in the 4th quarter. N.E.W. Advisory Services LLC now owns 4,400 shares of the investment management company’s stock valued at $84,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Parallel Advisors LLC lifted its holdings in Calamos Strategic Total Return Fund by 13.0% in the 3rd quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock valued at $113,000 after purchasing an additional 678 shares in the last quarter.

Calamos Strategic Total Return Fund Company Profile

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