Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Crosses Above Fifty Day Moving Average of $16.73

Calamos Strategic Total Return Fund (NASDAQ:CSQ) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $16.73 and traded as high as $17.28. Calamos Strategic Total Return Fund shares last traded at $17.27, with a volume of 134,295 shares changing hands.

Calamos Strategic Total Return Fund Price Performance

The stock has a fifty day moving average price of $16.73 and a 200-day moving average price of $16.48.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, September 18th. Shareholders of record on Friday, September 13th were issued a $0.102 dividend. This represents a $1.22 annualized dividend and a yield of 7.09%. The ex-dividend date of this dividend was Friday, September 13th.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Several institutional investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC lifted its position in Calamos Strategic Total Return Fund by 0.9% during the first quarter. Commonwealth Equity Services LLC now owns 187,161 shares of the investment management company’s stock valued at $3,064,000 after purchasing an additional 1,642 shares during the period. Lake Street Private Wealth LLC raised its stake in shares of Calamos Strategic Total Return Fund by 1.0% during the 1st quarter. Lake Street Private Wealth LLC now owns 78,450 shares of the investment management company’s stock valued at $1,284,000 after buying an additional 750 shares during the last quarter. Aviance Capital Partners LLC lifted its holdings in shares of Calamos Strategic Total Return Fund by 3.0% in the 1st quarter. Aviance Capital Partners LLC now owns 94,975 shares of the investment management company’s stock valued at $1,555,000 after buying an additional 2,751 shares during the period. Capital CS Group LLC boosted its stake in shares of Calamos Strategic Total Return Fund by 13.7% in the first quarter. Capital CS Group LLC now owns 25,919 shares of the investment management company’s stock worth $424,000 after buying an additional 3,121 shares during the last quarter. Finally, Fortis Group Advisors LLC boosted its stake in shares of Calamos Strategic Total Return Fund by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,000 shares of the investment management company’s stock worth $30,000 after buying an additional 1,000 shares during 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.