Sanctuary Advisors LLC Buys Shares of 49,244 Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

Sanctuary Advisors LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) during the 2nd quarter, Holdings Channel reports. The fund bought 49,244 shares of the company’s stock, valued at approximately $765,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 4.2% in the second quarter. Oppenheimer & Co. Inc. now owns 193,001 shares of the company’s stock valued at $2,943,000 after buying an additional 7,826 shares during the period. Private Advisor Group LLC raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 26.9% during the first quarter. Private Advisor Group LLC now owns 54,800 shares of the company’s stock worth $846,000 after purchasing an additional 11,630 shares during the period. Blue Bell Private Wealth Management LLC raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.1% during the second quarter. Blue Bell Private Wealth Management LLC now owns 30,886 shares of the company’s stock worth $471,000 after purchasing an additional 2,041 shares during the period. Calamos Wealth Management LLC raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 155.7% during the second quarter. Calamos Wealth Management LLC now owns 26,783 shares of the company’s stock worth $408,000 after purchasing an additional 16,308 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 6.4% during the first quarter. Janney Montgomery Scott LLC now owns 25,568 shares of the company’s stock worth $395,000 after purchasing an additional 1,528 shares during the period.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Down 0.3 %

NASDAQ CPZ opened at 15.65 on Monday. The stock’s 50-day moving average is 15.52 and its 200-day moving average is 15.45. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of 13.17 and a one year high of 16.03.

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

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 15th will be given a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.73%. The ex-dividend date is Tuesday, October 15th.

Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust

In related news, VP John S. Koudounis sold 24,739 shares of the stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of 15.41, for a total transaction of 381,227.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.