Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Crosses Above Fifty Day Moving Average of $16.73

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $16.73 and traded as high as $17.28. Calamos Strategic Total Return Fund shares last traded at $17.27, with a volume of 134,295 shares.

Calamos Strategic Total Return Fund Trading Up 1.1 %

The firm’s 50-day moving average price is $16.73 and its 200-day moving average price is $16.48.

Calamos Strategic Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Friday, September 13th were given a dividend of $0.102 per share. The ex-dividend date was Friday, September 13th. This represents a $1.22 dividend on an annualized basis and a yield of 7.09%.

Hedge Funds Weigh In On Calamos Strategic Total Return Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Fortis Group Advisors LLC boosted its stake in shares of Calamos Strategic Total Return Fund by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 2,000 shares of the investment management company’s stock worth $30,000 after purchasing an additional 1,000 shares during the period. Larson Financial Group LLC purchased a new position in shares of Calamos Strategic Total Return Fund during the second quarter valued at approximately $40,000. Jones Financial Companies Lllp bought a new position in shares of Calamos Strategic Total Return Fund during the fourth quarter valued at approximately $45,000. Fairscale Capital LLC purchased a new stake in shares of Calamos Strategic Total Return Fund in the second quarter worth approximately $59,000. Finally, Rothschild Investment LLC bought a new stake in shares of Calamos Strategic Total Return Fund during the 2nd quarter worth approximately $84,000.

About Calamos Strategic Total Return Fund

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.