Calamos Strategic Total Return Fund (NASDAQ:CSQ) Share Price Passes Above 50-Day Moving Average – Here’s Why

Calamos Strategic Total Return Fund (NASDAQ:CSQ) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $18.51 and traded as high as $19.30. Calamos Strategic Total Return Fund shares last traded at $19.21, with a volume of 196,465 shares traded.

Calamos Strategic Total Return Fund Price Performance

The business’s fifty day moving average is $18.51 and its two-hundred day moving average is $17.30.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 22nd. Investors of record on Monday, September 15th will be issued a $0.1025 dividend. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Monday, September 15th.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

A number of hedge funds have recently added to or reduced their stakes in CSQ. Capital A Wealth Management LLC purchased a new stake in Calamos Strategic Total Return Fund during the 4th quarter valued at $26,000. Farther Finance Advisors LLC raised its stake in Calamos Strategic Total Return Fund by 606.5% during the 1st quarter. Farther Finance Advisors LLC now owns 2,169 shares of the investment management company’s stock valued at $35,000 after buying an additional 1,862 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in Calamos Strategic Total Return Fund during the 4th quarter valued at $37,000. Arlington Trust Co LLC purchased a new stake in Calamos Strategic Total Return Fund during the 2nd quarter valued at $39,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Calamos Strategic Total Return Fund during the 2nd quarter valued at $40,000.

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.