Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $18.95 and traded as high as $19.17. Calamos Strategic Total Return Fund shares last traded at $19.07, with a volume of 199,484 shares traded.

Calamos Strategic Total Return Fund Price Performance

The stock has a 50 day simple moving average of $18.95 and a 200 day simple moving average of $17.84.

Calamos Strategic Total Return Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Wednesday, October 15th were paid a $0.1025 dividend. This represents a c) dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend was Wednesday, October 15th.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its position in shares of Calamos Strategic Total Return Fund by 42.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 63,808 shares of the investment management company’s stock worth $1,032,000 after buying an additional 19,138 shares during the last quarter. Eastern Bank bought a new stake in shares of Calamos Strategic Total Return Fund in the 1st quarter worth approximately $50,000. Cetera Investment Advisers grew its position in shares of Calamos Strategic Total Return Fund by 1.6% in the 1st quarter. Cetera Investment Advisers now owns 686,307 shares of the investment management company’s stock worth $11,104,000 after buying an additional 10,823 shares during the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Calamos Strategic Total Return Fund in the 1st quarter worth approximately $57,000. Finally, Private Advisor Group LLC grew its position in shares of Calamos Strategic Total Return Fund by 4.1% in the 1st quarter. Private Advisor Group LLC now owns 68,309 shares of the investment management company’s stock worth $1,105,000 after buying an additional 2,687 shares during the last quarter.

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.