Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $18.99 and traded as high as $19.71. Calamos Strategic Total Return Fund shares last traded at $19.68, with a volume of 156,421 shares traded.

Calamos Strategic Total Return Fund Stock Up 0.4%

The business has a 50 day simple moving average of $18.99 and a 200-day simple moving average of $18.69.

Calamos Strategic Total Return Fund Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 9th. Investors of record on Tuesday, December 30th will be given a $0.1225 dividend. The ex-dividend date is Tuesday, December 30th. This represents a c) annualized dividend and a yield of 7.5%. This is a boost from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.10.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. PMG Family Office LLC bought a new stake in shares of Calamos Strategic Total Return Fund during the third quarter valued at approximately $3,024,000. Polar Asset Management Partners Inc. increased its position in Calamos Strategic Total Return Fund by 5.4% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 392,794 shares of the investment management company’s stock valued at $7,577,000 after acquiring an additional 20,207 shares during the period. Captrust Financial Advisors raised its stake in Calamos Strategic Total Return Fund by 11.3% during the 3rd quarter. Captrust Financial Advisors now owns 90,407 shares of the investment management company’s stock valued at $1,744,000 after acquiring an additional 9,184 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in Calamos Strategic Total Return Fund by 2.5% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 32,588 shares of the investment management company’s stock worth $629,000 after acquiring an additional 791 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in shares of Calamos Strategic Total Return Fund by 9.0% in the third quarter. Integrated Wealth Concepts LLC now owns 30,100 shares of the investment management company’s stock worth $581,000 after purchasing an additional 2,479 shares in the last quarter.

Calamos Strategic Total Return Fund Company Profile

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