Elequin Capital LP Sells 15,973 Shares of Calamos Convertible Equity Alternative ETF $CVRT

Elequin Capital LP reduced its position in shares of Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) by 85.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,657 shares of the company’s stock after selling 15,973 shares during the period. Elequin Capital LP owned 0.89% of Calamos Convertible Equity Alternative ETF worth $96,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. purchased a new position in Calamos Convertible Equity Alternative ETF during the 3rd quarter valued at about $249,000. Truist Financial Corp raised its position in Calamos Convertible Equity Alternative ETF by 63.3% during the 3rd quarter. Truist Financial Corp now owns 14,170 shares of the company’s stock valued at $515,000 after purchasing an additional 5,494 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in Calamos Convertible Equity Alternative ETF by 7.5% in the 1st quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock worth $2,000,000 after buying an additional 4,886 shares during the period.

Calamos Convertible Equity Alternative ETF Trading Up 0.6%

NYSEARCA:CVRT opened at $41.21 on Friday. The firm’s fifty day simple moving average is $41.70 and its 200 day simple moving average is $38.77. Calamos Convertible Equity Alternative ETF has a twelve month low of $24.79 and a twelve month high of $44.10.

Calamos Convertible Equity Alternative ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were given a dividend of $0.0445 per share. This is an increase from Calamos Convertible Equity Alternative ETF’s previous monthly dividend of $0.04. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, March 2nd.

About Calamos Convertible Equity Alternative ETF

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.