Calamos Strategic Total Return Fund (NASDAQ:CSQ) Shares Cross Above Fifty Day Moving Average of $16.32

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $16.32 and traded as high as $17.00. Calamos Strategic Total Return Fund shares last traded at $16.84, with a volume of 173,218 shares trading hands.

Calamos Strategic Total Return Fund Stock Performance

The firm’s 50-day simple moving average is $16.32 and its 200 day simple moving average is $15.82.

Calamos Strategic Total Return Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 20th. Investors of record on Friday, June 14th were given a dividend of $0.102 per share. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.22 annualized dividend and a dividend yield of 7.27%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. NewSquare Capital LLC acquired a new position in Calamos Strategic Total Return Fund during the 4th quarter worth approximately $30,000. Strategies Wealth Advisors LLC lifted its stake in shares of Calamos Strategic Total Return Fund by 21.9% in the 1st quarter. Strategies Wealth Advisors LLC now owns 27,362 shares of the investment management company’s stock valued at $448,000 after acquiring an additional 4,922 shares during the last quarter. Conning Inc. boosted its holdings in shares of Calamos Strategic Total Return Fund by 2.2% during the 4th quarter. Conning Inc. now owns 47,350 shares of the investment management company’s stock valued at $704,000 after acquiring an additional 1,012 shares in the last quarter. International Assets Investment Management LLC grew its position in Calamos Strategic Total Return Fund by 1,387.0% during the 4th quarter. International Assets Investment Management LLC now owns 277,563 shares of the investment management company’s stock worth $41,270,000 after acquiring an additional 258,897 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in Calamos Strategic Total Return Fund by 1.0% in the 4th quarter. Stratos Wealth Partners LTD. now owns 386,523 shares of the investment management company’s stock worth $5,748,000 after purchasing an additional 3,692 shares in the last quarter.

About Calamos Strategic Total Return Fund

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.