Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Passes Above 50-Day Moving Average – What’s Next?

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $20.49 and traded as high as $20.71. Calamos Strategic Total Return Fund shares last traded at $20.63, with a volume of 242,961 shares changing hands.

Calamos Strategic Total Return Fund Stock Performance

The stock’s 50-day simple moving average is $20.50 and its 200 day simple moving average is $19.58.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, August 21st. Investors of record on Friday, August 14th were issued a dividend of $0.135 per share. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend was Friday, August 14th.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

A number of institutional investors have recently added to or reduced their stakes in CSQ. Readystate Asset Management LP lifted its holdings in shares of Calamos Strategic Total Return Fund by 504.0% in the 4th quarter. Readystate Asset Management LP now owns 494,242 shares of the investment management company’s stock valued at $9,489,000 after buying an additional 412,416 shares during the period. Rivernorth Capital Management LLC acquired a new stake in Calamos Strategic Total Return Fund in the first quarter valued at $2,953,000. Advisors Asset Management Inc. lifted its holdings in Calamos Strategic Total Return Fund by 29.8% in the fourth quarter. Advisors Asset Management Inc. now owns 676,020 shares of the investment management company’s stock valued at $12,980,000 after acquiring an additional 155,309 shares during the period. 1607 Capital Partners LLC purchased a new stake in shares of Calamos Strategic Total Return Fund during the 4th quarter worth $2,903,000. Finally, &PARTNERS boosted its position in shares of Calamos Strategic Total Return Fund by 34.5% during the 4th quarter. &PARTNERS now owns 580,094 shares of the investment management company’s stock worth $11,134,000 after purchasing an additional 148,796 shares in the last quarter.

Calamos Strategic Total Return Fund Company Profile

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