Private Advisor Group LLC Has $876,000 Stock Position in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

Private Advisor Group LLC raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 7.9% in the 4th quarter, HoldingsChannel reports. The fund owned 59,050 shares of the company’s stock after acquiring an additional 4,300 shares during the period. Private Advisor Group LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $876,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC increased its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 0.7% during the third quarter. Rivernorth Capital Management LLC now owns 584,400 shares of the company’s stock worth $9,168,000 after buying an additional 3,968 shares during the period. Advisors Asset Management Inc. lifted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 38.5% in the third quarter. Advisors Asset Management Inc. now owns 391,828 shares of the company’s stock valued at $6,148,000 after buying an additional 108,858 shares during the period. Penserra Capital Management LLC acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the third quarter valued at $4,102,000. Oppenheimer & Co. Inc. lifted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 1.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 196,061 shares of the company’s stock valued at $3,076,000 after purchasing an additional 3,060 shares during the period. Finally, J.W. Cole Advisors Inc. boosted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 57.4% during the 4th quarter. J.W. Cole Advisors Inc. now owns 77,586 shares of the company’s stock valued at $1,151,000 after purchasing an additional 28,301 shares in the last quarter.

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

In related news, CFO Thomas E. Herman sold 13,392 shares of the company’s stock in a transaction dated Wednesday, January 29th. The stock was sold at an average price of $15.58, for a total transaction of $208,647.36. Following the sale, the chief financial officer now owns 13,391 shares in the company, valued at $208,631.78. This represents a 50.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

Shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock opened at $15.51 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $14.67 and a one year high of $16.03. The stock’s 50-day moving average is $15.34 and its 200 day moving average is $15.46.

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

The firm also recently announced a monthly dividend, which was paid on Friday, February 21st. Investors of record on Thursday, February 13th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.68 annualized dividend and a dividend yield of 10.83%.

About Calamos Long/Short Equity & Dynamic Income Term Trust

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.