J.W. Cole Advisors Inc. Purchases 28,301 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

J.W. Cole Advisors Inc. increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 57.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,586 shares of the company’s stock after acquiring an additional 28,301 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $1,151,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock valued at $524,000 after purchasing an additional 3,160 shares during the last quarter. Rivernorth Capital Management LLC raised its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 0.7% in the third quarter. Rivernorth Capital Management LLC now owns 584,400 shares of the company’s stock valued at $9,168,000 after buying an additional 3,968 shares during the last quarter. Walleye Capital LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter worth about $290,000. Penserra Capital Management LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter worth about $4,102,000. Finally, Advisors Asset Management Inc. increased its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 38.5% during the third quarter. Advisors Asset Management Inc. now owns 391,828 shares of the company’s stock valued at $6,148,000 after acquiring an additional 108,858 shares in the last quarter.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.3 %

CPZ stock opened at $15.20 on Wednesday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52 week low of $14.67 and a 52 week high of $16.03. The firm has a 50 day moving average of $15.33 and a 200 day moving average of $15.47.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 11.05%. The ex-dividend date is Thursday, February 13th.

Insider Activity

In related news, CFO Thomas E. Herman sold 13,392 shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $15.58, for a total transaction of $208,647.36. Following the completion of the sale, the chief financial officer now owns 13,391 shares of the company’s stock, valued at $208,631.78. The trade was a 50.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.