Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Calamos Global Dynamic Income Fund (NASDAQ:CHW) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.71 and traded as high as $6.96. Calamos Global Dynamic Income Fund shares last traded at $6.91, with a volume of 190,268 shares trading hands.

Calamos Global Dynamic Income Fund Trading Down 0.1%

The firm has a fifty day simple moving average of $6.48 and a 200 day simple moving average of $6.71.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, June 12th will be paid a $0.05 dividend. The ex-dividend date is Thursday, June 12th. This represents a $0.60 annualized dividend and a dividend yield of 8.68%.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC grew its stake in shares of Calamos Global Dynamic Income Fund by 4.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 49,709 shares of the investment management company’s stock worth $336,000 after acquiring an additional 2,277 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Calamos Global Dynamic Income Fund by 1.0% in the fourth quarter. Ameriprise Financial Inc. now owns 244,242 shares of the investment management company’s stock worth $1,662,000 after acquiring an additional 2,419 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Calamos Global Dynamic Income Fund by 3.4% during the fourth quarter. Wells Fargo & Company MN now owns 80,309 shares of the investment management company’s stock worth $542,000 after buying an additional 2,652 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Calamos Global Dynamic Income Fund by 0.3% during the fourth quarter. Baird Financial Group Inc. now owns 1,215,342 shares of the investment management company’s stock worth $8,204,000 after buying an additional 3,156 shares in the last quarter. Finally, Saxony Capital Management LLC boosted its stake in Calamos Global Dynamic Income Fund by 4.5% during 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 in the last quarter.

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.