Fearless Solutions LLC dba Best Invest Purchases New Position in Calamos CEF Income & Arbitrage ETF $CCEF

Fearless Solutions LLC dba Best Invest purchased a new position in Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,061 shares of the company’s stock, valued at approximately $549,000. Fearless Solutions LLC dba Best Invest owned approximately 2.12% of Calamos CEF Income & Arbitrage ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Prosperity Wealth Management Inc. boosted its position in shares of Calamos CEF Income & Arbitrage ETF by 5.9% during the third quarter. Prosperity Wealth Management Inc. now owns 10,662 shares of the company’s stock valued at $310,000 after purchasing an additional 592 shares in the last quarter. Beacon Financial Advisory LLC grew its position in Calamos CEF Income & Arbitrage ETF by 1.2% during the 3rd quarter. Beacon Financial Advisory LLC now owns 90,914 shares of the company’s stock valued at $2,645,000 after purchasing an additional 1,112 shares during the last quarter. Ausdal Financial Partners Inc. grew its holdings in shares of Calamos CEF Income & Arbitrage ETF by 12.7% during the second quarter. Ausdal Financial Partners Inc. now owns 13,345 shares of the company’s stock valued at $380,000 after buying an additional 1,505 shares during the last quarter. Finally, Consolidated Portfolio Review Corp increased its holdings in shares of Calamos CEF Income & Arbitrage ETF by 50.1% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 12,179 shares of the company’s stock worth $354,000 after purchasing an additional 4,064 shares in the last quarter.

Calamos CEF Income & Arbitrage ETF Stock Performance

NYSEARCA CCEF opened at $28.00 on Friday. The stock has a 50-day moving average of $29.11 and a 200 day moving average of $28.93. Calamos CEF Income & Arbitrage ETF has a one year low of $24.03 and a one year high of $30.02.

Calamos CEF Income & Arbitrage ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 9th. Shareholders of record on Monday, March 2nd were given a $0.2074 dividend. This is a boost from Calamos CEF Income & Arbitrage ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 8.9%.

Calamos CEF Income & Arbitrage ETF Profile

The Calamos CEF Income & Arbitrage ETF (CCEF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that invests in income-producing closed-end funds trading at attractive discounts. The fund seeks to deliver high current income and long-term capital appreciation. CCEF was launched on Jan 16, 2024 and is issued by Calamos.