Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $21.43 and traded as high as $21.94. Calamos Dynamic Convertible and Income Fund shares last traded at $21.87, with a volume of 85,355 shares.

Calamos Dynamic Convertible and Income Fund Stock Up 0.5%

The stock’s fifty day moving average price is $21.43 and its 200-day moving average price is $20.92.

Calamos Dynamic Convertible and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, November 14th will be given a $0.195 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date of this dividend is Friday, November 14th.

Institutional Investors Weigh In On Calamos Dynamic Convertible and Income Fund

A number of large investors have recently modified their holdings of CCD. Oppenheimer & Co. Inc. raised its holdings in shares of Calamos Dynamic Convertible and Income Fund by 1.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,334 shares of the company’s stock worth $764,000 after buying an additional 682 shares in the last quarter. Mutual Advisors LLC lifted its holdings in shares of Calamos Dynamic Convertible and Income Fund by 1.5% in the third quarter. Mutual Advisors LLC now owns 113,609 shares of the company’s stock worth $2,409,000 after acquiring an additional 1,711 shares during the last quarter. Samalin Investment Counsel LLC increased its holdings in Calamos Dynamic Convertible and Income Fund by 12.5% in the third quarter. Samalin Investment Counsel LLC now owns 39,861 shares of the company’s stock worth $839,000 after purchasing an additional 4,433 shares in the last quarter. Wolverine Asset Management LLC lifted its stake in Calamos Dynamic Convertible and Income Fund by 48.1% in the third quarter. Wolverine Asset Management LLC now owns 75,247 shares of the company’s stock valued at $1,583,000 after buying an additional 24,429 shares during the period. Finally, D.A. Davidson & CO. lifted its stake in Calamos Dynamic Convertible and Income Fund by 2.8% in the third quarter. D.A. Davidson & CO. now owns 631,809 shares of the company’s stock valued at $13,293,000 after buying an additional 16,968 shares during the period.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.