Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Calamos Global Dynamic Income Fund (NASDAQ:CHW) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.87 and traded as high as $6.95. Calamos Global Dynamic Income Fund shares last traded at $6.89, with a volume of 107,558 shares changing hands.

Calamos Global Dynamic Income Fund Stock Down 0.4 %

The company’s 50 day simple moving average is $7.06 and its 200 day simple moving average is $6.87.

Calamos Global Dynamic Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 15th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $0.60 annualized dividend and a dividend yield of 8.71%.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Large investors have recently modified their holdings of the company. Wolverine Asset Management LLC lifted its position in Calamos Global Dynamic Income Fund by 375.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 67,916 shares of the investment management company’s stock worth $487,000 after acquiring an additional 53,641 shares in the last quarter. Shaker Financial Services LLC lifted its stake in shares of Calamos Global Dynamic Income Fund by 1,197.7% in the third quarter. Shaker Financial Services LLC now owns 845,993 shares of the investment management company’s stock worth $6,066,000 after acquiring an additional 780,802 shares in the last quarter. Chicago Partners Investment Group LLC grew its stake in Calamos Global Dynamic Income Fund by 3.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 58,443 shares of the investment management company’s stock valued at $417,000 after purchasing an additional 2,103 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in Calamos Global Dynamic Income Fund during the 3rd quarter worth approximately $62,000. Finally, GHP Investment Advisors Inc. acquired a new position in shares of Calamos Global Dynamic Income Fund in the 3rd quarter valued at approximately $30,000.

About Calamos Global Dynamic Income Fund

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.