Calamos Strategic Total Return Fund (NASDAQ:CSQ) Shares Pass Below 200-Day Moving Average – Here’s What Happened

Calamos Strategic Total Return Fund (NASDAQ:CSQ) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.64 and traded as low as $16.20. Calamos Strategic Total Return Fund shares last traded at $16.27, with a volume of 215,245 shares.

Calamos Strategic Total Return Fund Stock Down 1.8 %

The company has a 50 day simple moving average of $17.54 and a two-hundred day simple moving average of $17.64.

Calamos Strategic Total Return Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 13th were paid a $0.1025 dividend. This represents a $1.23 annualized dividend and a yield of 7.56%. The ex-dividend date of this dividend was Thursday, March 13th.

Insider Transactions at Calamos Strategic Total Return Fund

In related news, CFO Thomas E. Herman purchased 11,683 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were bought at an average price of $18.23 per share, for a total transaction of $212,981.09. Following the acquisition, the chief financial officer now owns 11,683 shares of the company’s stock, valued at approximately $212,981.09. This represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Capital A Wealth Management LLC acquired a new position in Calamos Strategic Total Return Fund during the 4th quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB purchased a new position in Calamos Strategic Total Return Fund in the 4th quarter worth $27,000. Ameriflex Group Inc. acquired a new stake in Calamos Strategic Total Return Fund during the 4th quarter worth about $37,000. Larson Financial Group LLC grew its stake in Calamos Strategic Total Return Fund by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 8,000 shares of the investment management company’s stock valued at $139,000 after purchasing an additional 5,600 shares during the last quarter. Finally, Elequin Capital LP purchased a new stake in Calamos Strategic Total Return Fund during the 4th quarter valued at about $146,000.

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.