Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.64 and traded as high as $8.22. Calamos Global Dynamic Income Fund shares last traded at $8.04, with a volume of 288,324 shares.

Calamos Global Dynamic Income Fund Trading Up 0.2%

The firm’s 50-day moving average price is $7.77 and its two-hundred day moving average price is $7.65.

Calamos Global Dynamic Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 14th were given a dividend of $0.05 per share. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date was Tuesday, April 14th.

Institutional Trading of Calamos Global Dynamic Income Fund

Institutional investors have recently modified their holdings of the stock. Continuum Advisory LLC increased its holdings in shares of Calamos Global Dynamic Income Fund by 28.0% in the 4th quarter. Continuum Advisory LLC now owns 28,299 shares of the investment management company’s stock valued at $210,000 after acquiring an additional 6,182 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of Calamos Global Dynamic Income Fund by 32.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 33,238 shares of the investment management company’s stock valued at $246,000 after acquiring an additional 8,154 shares during the period. Blue Bell Private Wealth Management LLC increased its holdings in shares of Calamos Global Dynamic Income Fund by 27.8% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 99,686 shares of the investment management company’s stock valued at $739,000 after acquiring an additional 21,693 shares during the period. Truist Financial Corp acquired a new position in shares of Calamos Global Dynamic Income Fund in the 4th quarter valued at $220,000. Finally, Altium Capital Management LLC acquired a new position in shares of Calamos Global Dynamic Income Fund in the 4th quarter valued at $977,000.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.