Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Crosses Above 50 Day Moving Average of $14.75

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.75 and traded as high as $14.79. Calamos Strategic Total Return Fund shares last traded at $14.76, with a volume of 262,036 shares changing hands.

Calamos Strategic Total Return Fund Price Performance

The firm has a fifty day moving average of $14.75 and a 200 day moving average of $14.18.

Calamos Strategic Total Return Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, August 17th. Investors of record on Friday, August 11th were issued a $0.102 dividend. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $1.22 annualized dividend and a dividend yield of 8.30%.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. TCI Wealth Advisors Inc. increased its holdings in shares of Calamos Strategic Total Return Fund by 94.7% in the first quarter. TCI Wealth Advisors Inc. now owns 1,947 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 947 shares during the last quarter. Fortis Capital Advisors LLC acquired a new stake in Calamos Strategic Total Return Fund during the fourth quarter worth $33,000. Venturi Wealth Management LLC acquired a new stake in Calamos Strategic Total Return Fund during the first quarter worth $36,000. Belpointe Asset Management LLC acquired a new stake in Calamos Strategic Total Return Fund during the fourth quarter worth $39,000. Finally, US Bancorp DE increased its stake in Calamos Strategic Total Return Fund by 39.8% during the second quarter. US Bancorp DE now owns 2,973 shares of the investment management company’s stock worth $44,000 after acquiring an additional 847 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile

(Get Free Report)

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

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