Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Crosses Below 50-Day Moving Average of $12.83

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.83 and traded as low as $12.60. Calamos Strategic Total Return Fund shares last traded at $12.69, with a volume of 6,141 shares trading hands.

The firm has a 50-day moving average of $12.83 and a two-hundred day moving average of $12.54.

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 20th. Investors of record on Monday, August 12th were given a dividend of $0.083 per share. This represents a $1.00 annualized dividend and a yield of 7.88%. The ex-dividend date was Friday, August 9th.

A number of hedge funds have recently modified their holdings of the business. Royal Bank of Canada increased its position in shares of Calamos Strategic Total Return Fund by 2.6% in the second quarter. Royal Bank of Canada now owns 903,212 shares of the investment management company’s stock valued at $11,525,000 after acquiring an additional 23,032 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in Calamos Strategic Total Return Fund by 4.4% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 151,258 shares of the investment management company’s stock worth $1,933,000 after buying an additional 6,336 shares during the last quarter. BlackRock Inc. acquired a new position in Calamos Strategic Total Return Fund during the second quarter worth approximately $38,000. United Capital Financial Advisers LLC increased its position in Calamos Strategic Total Return Fund by 10.4% during the second quarter. United Capital Financial Advisers LLC now owns 13,382 shares of the investment management company’s stock worth $171,000 after buying an additional 1,257 shares during the last quarter. Finally, D.A. Davidson & CO. increased its position in Calamos Strategic Total Return Fund by 73.8% during the second quarter. D.A. Davidson & CO. now owns 24,970 shares of the investment management company’s stock worth $319,000 after buying an additional 10,600 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile (NASDAQ:CSQ)

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.

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