Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Calamos Global Dynamic Income Fund (NASDAQ:CHW) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.00 and traded as high as $7.66. Calamos Global Dynamic Income Fund shares last traded at $7.59, with a volume of 241,633 shares trading hands.

Calamos Global Dynamic Income Fund Price Performance

The stock’s 50 day simple moving average is $7.46 and its 200-day simple moving average is $7.00.

Calamos Global Dynamic Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Wednesday, October 15th were paid a $0.05 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date was Wednesday, October 15th.

Institutional Trading of Calamos Global Dynamic Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of CHW. Advisor Resource Council acquired a new stake in shares of Calamos Global Dynamic Income Fund in the first quarter worth $65,000. Saxony Capital Management LLC lifted its stake in shares of Calamos Global Dynamic Income Fund by 4.5% in the first quarter. Saxony Capital Management LLC now owns 87,250 shares of the investment management company’s stock worth $558,000 after buying an additional 3,750 shares during the last quarter. D.A. Davidson & CO. lifted its stake in shares of Calamos Global Dynamic Income Fund by 188.8% in the first quarter. D.A. Davidson & CO. now owns 159,265 shares of the investment management company’s stock worth $1,018,000 after buying an additional 104,114 shares during the last quarter. Stephens Inc. AR lifted its stake in shares of Calamos Global Dynamic Income Fund by 84.8% in the first quarter. Stephens Inc. AR now owns 31,690 shares of the investment management company’s stock worth $202,000 after buying an additional 14,540 shares during the last quarter. Finally, Apollon Wealth Management LLC increased its position in Calamos Global Dynamic Income Fund by 43.4% during the first quarter. Apollon Wealth Management LLC now owns 16,771 shares of the investment management company’s stock worth $107,000 after acquiring an additional 5,073 shares during the period.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.