Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Stock Price Passes Above Fifty Day Moving Average of $21.72

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $21.72 and traded as high as $22.40. Calamos Dynamic Convertible and Income Fund shares last traded at $22.36, with a volume of 40,041 shares changing hands.

Calamos Dynamic Convertible and Income Fund Price Performance

The business’s 50 day moving average is $21.75 and its 200 day moving average is $20.24.

Calamos Dynamic Convertible and Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Tuesday, May 14th will be issued a dividend of $0.195 per share. This represents a $2.34 dividend on an annualized basis and a dividend yield of 10.41%. The ex-dividend date is Monday, May 13th.

Institutional Trading of Calamos Dynamic Convertible and Income Fund

Several large investors have recently added to or reduced their stakes in CCD. Arete Wealth Advisors LLC increased its stake in shares of Calamos Dynamic Convertible and Income Fund by 2.3% in the third quarter. Arete Wealth Advisors LLC now owns 29,302 shares of the company’s stock worth $546,000 after acquiring an additional 646 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Calamos Dynamic Convertible and Income Fund by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 25,289 shares of the company’s stock valued at $551,000 after purchasing an additional 725 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in Calamos Dynamic Convertible and Income Fund by 2.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 32,350 shares of the company’s stock worth $640,000 after purchasing an additional 831 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of Calamos Dynamic Convertible and Income Fund by 9.6% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 18,368 shares of the company’s stock valued at $342,000 after buying an additional 1,610 shares during the last quarter. Finally, Herold Advisors Inc. lifted its holdings in shares of Calamos Dynamic Convertible and Income Fund by 8.1% in the 4th quarter. Herold Advisors Inc. now owns 21,430 shares of the company’s stock valued at $424,000 after buying an additional 1,614 shares during the period.

Calamos Dynamic Convertible and Income Fund Company Profile

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.