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

Calamos Strategic Total Return Fund (NASDAQ:CSQGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $20.35 and traded as high as $20.46. Calamos Strategic Total Return Fund shares last traded at $20.20, with a volume of 197,736 shares changing hands.

Calamos Strategic Total Return Fund Price Performance

The stock has a fifty day simple moving average of $20.35 and a two-hundred day simple moving average of $19.36.

Calamos Strategic Total Return Fund Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 14th will be paid a $0.135 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. This is a boost from Calamos Strategic Total Return Fund’s previous monthly dividend of $0.12. The ex-dividend date is Tuesday, July 14th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CSQ. Assetmark Inc. boosted its stake in shares of Calamos Strategic Total Return Fund by 162.1% during the 1st quarter. Assetmark Inc. now owns 1,683 shares of the investment management company’s stock worth $29,000 after acquiring an additional 1,041 shares in the last quarter. Bartlett & CO. Wealth Management LLC increased 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 valued at $36,000 after purchasing an additional 1,842 shares in the last quarter. Arax Advisory Partners raised its holdings in Calamos Strategic Total Return Fund by 1,613.0% during the fourth quarter. Arax Advisory Partners now owns 3,152 shares of the investment management company’s stock worth $61,000 after purchasing an additional 2,968 shares during the last quarter. N.E.W. Advisory Services LLC raised its holdings in Calamos Strategic Total Return Fund by 100.0% during the fourth quarter. N.E.W. Advisory Services LLC now owns 4,400 shares of the investment management company’s stock worth $84,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Parallel Advisors LLC boosted its position in Calamos Strategic Total Return Fund by 13.0% during the third quarter. Parallel Advisors LLC now owns 5,874 shares of the investment management company’s stock worth $113,000 after purchasing an additional 678 shares in the last quarter.

Calamos Strategic Total Return Fund Company Profile

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