Calamos Global Total Return Fund (NASDAQ:CGO) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Calamos Global Total Return Fund (NASDAQ:CGO) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $11.15 and traded as high as $11.86. Calamos Global Total Return Fund shares last traded at $11.75, with a volume of 23,202 shares trading hands.

Calamos Global Total Return Fund Trading Down 0.1%

The company’s fifty day moving average is $11.15 and its two-hundred day moving average is $10.99.

Calamos Global Total Return Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 20th. Shareholders of record on Thursday, June 12th were given a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 8.17%. The ex-dividend date of this dividend was Thursday, June 12th.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Several institutional investors and hedge funds have recently modified their holdings of CGO. NBC Securities Inc. grew its stake in shares of Calamos Global Total Return Fund by 113,000.0% in the first quarter. NBC Securities Inc. now owns 4,524 shares of the investment management company’s stock valued at $46,000 after buying an additional 4,520 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in Calamos Global Total Return Fund by 104.3% in the 1st quarter. Golden State Wealth Management LLC now owns 6,748 shares of the investment management company’s stock worth $70,000 after acquiring an additional 3,445 shares during the period. Advisors Asset Management Inc. acquired a new stake in Calamos Global Total Return Fund in the first quarter valued at approximately $231,000. Raymond James Financial Inc. acquired a new stake in Calamos Global Total Return Fund in the fourth quarter valued at approximately $298,000. Finally, Harbour Investments Inc. raised its stake in shares of Calamos Global Total Return Fund by 3.0% during the first quarter. Harbour Investments Inc. now owns 56,041 shares of the investment management company’s stock valued at $579,000 after purchasing an additional 1,649 shares during the period.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.