Calamos Global Total Return Fund (NASDAQ:CGO) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Calamos Global Total Return Fund (NASDAQ:CGO) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.63 and traded as low as $10.43. Calamos Global Total Return Fund shares last traded at $10.49, with a volume of 23,817 shares changing hands.

Calamos Global Total Return Fund Stock Up 0.2 %

The company has a 50 day moving average of $11.28 and a 200-day moving average of $11.63.

Calamos Global Total Return Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Investors of record on Thursday, March 13th will be paid a $0.08 dividend. The ex-dividend date is Thursday, March 13th. This represents a $0.96 annualized dividend and a yield of 9.15%.

Institutional Trading of Calamos Global Total Return Fund

Several institutional investors have recently added to or reduced their stakes in the company. Invesco Ltd. lifted its position in shares of Calamos Global Total Return Fund by 2.4% during the 4th quarter. Invesco Ltd. now owns 88,223 shares of the investment management company’s stock valued at $1,005,000 after acquiring an additional 2,085 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of Calamos Global Total Return Fund during the 4th quarter valued at $38,000. LPL Financial LLC lifted its position in shares of Calamos Global Total Return Fund by 1.9% during the 4th quarter. LPL Financial LLC now owns 227,247 shares of the investment management company’s stock valued at $2,588,000 after acquiring an additional 4,205 shares during the period. Prairie Wealth Advisors Inc. lifted its position in shares of Calamos Global Total Return Fund by 9.4% during the 4th quarter. Prairie Wealth Advisors Inc. now owns 78,175 shares of the investment management company’s stock valued at $897,000 after acquiring an additional 6,700 shares during the period. Finally, Principal Securities Inc. lifted its position in shares of Calamos Global Total Return Fund by 10.6% during the 4th quarter. Principal Securities Inc. now owns 176,395 shares of the investment management company’s stock valued at $2,009,000 after acquiring an additional 16,928 shares during the period.

Calamos Global Total Return Fund Company Profile

Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.