Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.98 and traded as high as $7.07. Calamos Global Dynamic Income Fund shares last traded at $6.96, with a volume of 139,515 shares changing hands.

Calamos Global Dynamic Income Fund Price Performance

The company has a fifty day moving average price of $6.89 and a two-hundred day moving average price of $6.98.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 13th were issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 8.63%. The ex-dividend date of this dividend was Thursday, February 13th.

Institutional Trading of Calamos Global Dynamic Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in CHW. International Assets Investment Management LLC purchased a new stake in Calamos Global Dynamic Income Fund during the 3rd quarter valued at approximately $980,000. Dakota Wealth Management raised its stake in Calamos Global Dynamic Income Fund by 3.0% during the 3rd quarter. Dakota Wealth Management now owns 59,500 shares of the investment management company’s stock valued at $427,000 after acquiring an additional 1,760 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Calamos Global Dynamic Income Fund by 9.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 267,596 shares of the investment management company’s stock valued at $1,919,000 after acquiring an additional 23,300 shares during the last quarter. GHP Investment Advisors Inc. purchased a new stake in Calamos Global Dynamic Income Fund during the 3rd quarter valued at approximately $30,000. Finally, Farther Finance Advisors LLC purchased a new stake in Calamos Global Dynamic Income Fund during the 3rd quarter valued at approximately $62,000.

About Calamos Global Dynamic Income Fund

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.