Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Passes Below 50-Day Moving Average – Here’s Why

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $19.97 and traded as low as $19.96. Calamos Strategic Total Return Fund shares last traded at $20.28, with a volume of 283,747 shares changing hands.

Calamos Strategic Total Return Fund Stock Performance

The firm’s 50 day moving average is $19.97 and its 200-day moving average is $19.21.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, June 22nd. Shareholders of record on Friday, June 12th were issued a $0.1225 dividend. The ex-dividend date was Friday, June 12th. This represents a c) annualized dividend and a yield of 7.2%.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. increased its stake in Calamos Strategic Total Return Fund by 162.1% in the first quarter. Assetmark Inc. now owns 1,683 shares of the investment management company’s stock valued at $29,000 after purchasing an additional 1,041 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its stake in Calamos Strategic Total Return Fund by 682.2% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 2,112 shares of the investment management company’s stock worth $36,000 after buying an additional 1,842 shares during the last quarter. Arax Advisory Partners boosted its stake in Calamos Strategic Total Return Fund by 1,613.0% in the 4th quarter. Arax Advisory Partners now owns 3,152 shares of the investment management company’s stock worth $61,000 after buying an additional 2,968 shares during the last quarter. N.E.W. Advisory Services LLC grew its holdings in Calamos Strategic Total Return Fund by 100.0% in the 4th quarter. N.E.W. Advisory Services LLC now owns 4,400 shares of the investment management company’s stock valued at $84,000 after buying an additional 2,200 shares during the period. Finally, Parallel Advisors LLC grew its holdings in Calamos Strategic Total Return Fund by 13.0% in the 3rd quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock valued at $113,000 after buying an additional 678 shares during the period.

About Calamos Strategic Total Return Fund

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