Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Crosses Above 50 Day Moving Average – Here’s Why

Shares of Calamos Strategic Total Return Fund (NASDAQ:CSQ) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $19.31 and traded as high as $19.47. Calamos Strategic Total Return Fund shares last traded at $19.30, with a volume of 215,338 shares traded.

Calamos Strategic Total Return Fund Price Performance

The firm’s 50-day moving average is $19.31 and its 200 day moving average is $18.99.

Calamos Strategic Total Return Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 23rd. Stockholders of record on Friday, February 13th will be given a dividend of $0.1225 per share. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, February 13th.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of Calamos Strategic Total Return Fund by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 4,783,958 shares of the investment management company’s stock worth $92,283,000 after acquiring an additional 48,205 shares in the last quarter. Cornerstone Advisors LLC increased its stake in Calamos Strategic Total Return Fund by 53.7% in the 3rd quarter. Cornerstone Advisors LLC now owns 2,211,013 shares of the investment management company’s stock valued at $42,650,000 after buying an additional 772,878 shares during the last quarter. Raymond James Financial Inc. lifted its position in Calamos Strategic Total Return Fund by 3.5% during the 2nd quarter. Raymond James Financial Inc. now owns 1,995,245 shares of the investment management company’s stock worth $36,393,000 after buying an additional 67,576 shares in the last quarter. Bensler LLC boosted its stake in shares of Calamos Strategic Total Return Fund by 7.9% during the 4th quarter. Bensler LLC now owns 1,087,101 shares of the investment management company’s stock worth $20,872,000 after buying an additional 79,519 shares during the last quarter. Finally, McGowan Group Asset Management Inc. boosted its stake in shares of Calamos Strategic Total Return Fund by 0.6% during the 4th quarter. McGowan Group Asset Management Inc. now owns 797,580 shares of the investment management company’s stock worth $15,314,000 after buying an additional 5,095 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile

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