Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Passes Above 50 Day Moving Average of $15.98

Calamos Strategic Total Return Fund (NASDAQ:CSQ) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.98 and traded as high as $16.20. Calamos Strategic Total Return Fund shares last traded at $16.12, with a volume of 204,443 shares traded.

Calamos Strategic Total Return Fund Stock Down 0.8 %

The firm’s 50-day simple moving average is $15.98 and its 200-day simple moving average is $14.86.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 19th. Stockholders of record on Friday, April 12th will be issued a dividend of $0.102 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 7.59%. The ex-dividend date of this dividend is Thursday, April 11th.

Hedge Funds 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 CSQ. Private Advisor Group LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 6.5% during the 1st quarter. Private Advisor Group LLC now owns 34,014 shares of the investment management company’s stock worth $596,000 after acquiring an additional 2,070 shares during the period. Bank of Montreal Can bought a new position in Calamos Strategic Total Return Fund during the 1st quarter valued at about $577,000. Nations Financial Group Inc. IA ADV lifted its holdings in Calamos Strategic Total Return Fund by 5.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 34,868 shares of the investment management company’s stock valued at $611,000 after purchasing an additional 1,800 shares during the last quarter. Mariner LLC lifted its holdings in Calamos Strategic Total Return Fund by 1.0% during the 1st quarter. Mariner LLC now owns 75,508 shares of the investment management company’s stock valued at $1,324,000 after purchasing an additional 761 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new position in Calamos Strategic Total Return Fund during the 1st quarter valued at about $761,000.

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.