Calamos Strategic Total Return Fund (NASDAQ:CSQ) Share Price Passes Below 200 Day Moving Average – Here’s Why

Calamos Strategic Total Return Fund (NASDAQ:CSQ) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Calamos Strategic Total Return Fund Stock Performance

The stock’s 50 day moving average is $17.54 and its two-hundred day moving average is $17.65.

Calamos Strategic Total Return Fund Dividend Announcement

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 dividend of $0.1025 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $1.23 dividend on an annualized basis and a dividend yield of 7.56%.

Insider Activity at Calamos Strategic Total Return Fund

In other news, CFO Thomas E. Herman bought 11,683 shares of the stock in a transaction on Wednesday, January 29th. The stock was purchased at an average price of $18.23 per share, with a total value of $212,981.09. Following the completion of the purchase, the chief financial officer now owns 11,683 shares of the company’s stock, valued at approximately $212,981.09. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. DAVENPORT & Co LLC grew its holdings in Calamos Strategic Total Return Fund by 8.5% in the 4th quarter. DAVENPORT & Co LLC now owns 226,184 shares of the investment management company’s stock valued at $4,006,000 after buying an additional 17,640 shares in the last quarter. Litman Gregory Wealth Management LLC boosted its stake in shares of Calamos Strategic Total Return Fund by 4.7% in the 4th quarter. Litman Gregory Wealth Management LLC now owns 22,500 shares of the investment management company’s stock valued at $398,000 after purchasing an additional 1,000 shares in the last quarter. PFG Investments LLC grew its holdings in shares of Calamos Strategic Total Return Fund by 19.9% during the 4th quarter. PFG Investments LLC now owns 32,805 shares of the investment management company’s stock valued at $581,000 after purchasing an additional 5,447 shares during the last quarter. Bensler LLC increased its position in Calamos Strategic Total Return Fund by 1.9% during the 4th quarter. Bensler LLC now owns 964,340 shares of the investment management company’s stock worth $17,078,000 after purchasing an additional 17,966 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB bought a new position in Calamos Strategic Total Return Fund in the 4th quarter valued at approximately $27,000.

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.