Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Passes Below 50 Day Moving Average – Here’s Why

Calamos Strategic Total Return Fund (NASDAQ:CSQ) shares 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 Stock Up 0.3%

The stock’s fifty day moving average price is $20.03 and its 200-day moving average price is $19.22.

Calamos Strategic Total Return Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, June 22nd. Investors of record on Friday, June 12th were issued a dividend of $0.1225 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Assetmark Inc. lifted its stake in shares of Calamos Strategic Total Return Fund by 162.1% during the 1st quarter. Assetmark Inc. now owns 1,683 shares of the investment management company’s stock worth $29,000 after buying an additional 1,041 shares during the last quarter. Bartlett & CO. Wealth Management LLC lifted its position in Calamos Strategic Total Return Fund by 682.2% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 2,112 shares of the investment management company’s stock worth $36,000 after acquiring an additional 1,842 shares during the last quarter. Arax Advisory Partners boosted its holdings in shares of Calamos Strategic Total Return Fund by 1,613.0% during 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 grew its position in shares of Calamos Strategic Total Return Fund by 100.0% in the fourth 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 increased its stake in shares of Calamos Strategic Total Return Fund by 13.0% during the third quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock worth $113,000 after purchasing an additional 678 shares during the period.

Calamos Strategic Total Return Fund Company Profile

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