Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Calamos Strategic Total Return Fund (NASDAQ:CSQ) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.64 and traded as low as $16.20. Calamos Strategic Total Return Fund shares last traded at $16.27, with a volume of 215,245 shares trading hands.

Calamos Strategic Total Return Fund Stock Performance

The business’s fifty day moving average price is $17.54 and its 200 day moving average price is $17.65.

Calamos Strategic Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 13th were paid a $0.1025 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 7.56%. The ex-dividend date was Thursday, March 13th.

Insider Buying and Selling

In related news, CFO Thomas E. Herman acquired 11,683 shares of the business’s stock in a transaction dated Wednesday, January 29th. The shares were bought at an average price of $18.23 per share, with a total value of $212,981.09. Following the transaction, the chief financial officer now directly owns 11,683 shares of the company’s stock, valued at $212,981.09. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Institutional investors have recently modified their holdings of the company. Capital A Wealth Management LLC acquired a new position in shares of Calamos Strategic Total Return Fund during the fourth quarter valued at about $26,000. Ameriflex Group Inc. bought a new position in shares of Calamos Strategic Total Return Fund in the fourth quarter valued at approximately $37,000. Elequin Capital LP bought a new stake in Calamos Strategic Total Return Fund during the fourth quarter worth $146,000. Waverly Advisors LLC purchased a new position in Calamos Strategic Total Return Fund during the 4th quarter worth $792,000. Finally, Snowden Capital Advisors LLC raised its holdings in shares of Calamos Strategic Total Return Fund by 2.0% in the fourth quarter. Snowden Capital Advisors LLC now owns 34,706 shares of the investment management company’s stock valued at $618,000 after purchasing an additional 684 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile

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.