Shaker Financial Services LLC Acquires Shares of 125,750 Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ

Shaker Financial Services LLC acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 125,750 shares of the company’s stock, valued at approximately $1,853,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Apollon Wealth Management LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at approximately $287,000. Brookstone Capital Management lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 45.8% during the 4th quarter. Brookstone Capital Management now owns 36,714 shares of the company’s stock valued at $537,000 after acquiring an additional 11,535 shares during the period. TrueMark Investments LLC lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 2.5% during the 4th quarter. TrueMark Investments LLC now owns 80,556 shares of the company’s stock valued at $1,178,000 after acquiring an additional 1,980 shares during the period. Integrity Wealth Advisors Inc. lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 123.2% during the 3rd quarter. Integrity Wealth Advisors Inc. now owns 89,283 shares of the company’s stock valued at $1,446,000 after acquiring an additional 49,288 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 3.9% during the 3rd quarter. Raymond James Financial Inc. now owns 455,147 shares of the company’s stock valued at $7,355,000 after acquiring an additional 17,042 shares during the period.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Shares of NASDAQ CPZ opened at $14.08 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12 month low of $13.13 and a 12 month high of $16.82. The company has a 50 day simple moving average of $14.32 and a two-hundred day simple moving average of $14.84.

Calamos Long/Short Equity & Dynamic Income Term Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 14th will be paid a dividend of $0.14 per share. This represents a c) annualized dividend and a yield of 11.9%. The ex-dividend date is Tuesday, April 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.