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

Calamos Global Dynamic Income Fund (NASDAQ:CHW) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.82 and traded as high as $7.27. Calamos Global Dynamic Income Fund shares last traded at $7.20, with a volume of 106,282 shares.

Calamos Global Dynamic Income Fund Stock Down 0.5 %

The stock’s fifty day moving average price is $7.02 and its two-hundred day moving average price is $6.82.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 22nd. Investors of record on Tuesday, October 15th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.60 dividend on an annualized basis and a yield of 8.34%.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CHW. Commonwealth Equity Services LLC increased its position in Calamos Global Dynamic Income Fund by 7.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 209,245 shares of the investment management company’s stock valued at $1,435,000 after purchasing an additional 15,199 shares during the period. Private Advisor Group LLC increased its position in Calamos Global Dynamic Income Fund by 0.6% during the 2nd quarter. Private Advisor Group LLC now owns 434,038 shares of the investment management company’s stock valued at $2,978,000 after purchasing an additional 2,600 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Calamos Global Dynamic Income Fund by 27.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 244,296 shares of the investment management company’s stock valued at $1,676,000 after purchasing an additional 52,000 shares during the period. Janney Montgomery Scott LLC increased its position in Calamos Global Dynamic Income Fund by 6.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 50,800 shares of the investment management company’s stock valued at $331,000 after purchasing an additional 3,228 shares during the period. Finally, Karpus Management Inc. increased its position in Calamos Global Dynamic Income Fund by 985.9% during the 1st quarter. Karpus Management Inc. now owns 687,048 shares of the investment management company’s stock valued at $4,473,000 after purchasing an additional 623,778 shares during the period.

Calamos Global Dynamic Income Fund Company Profile

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.