J.W. Cole Advisors Inc. Purchases 32,687 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

J.W. Cole Advisors Inc. lifted its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 196.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 49,285 shares of the company’s stock after acquiring an additional 32,687 shares during the period. J.W. Cole Advisors Inc.’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $773,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Brookstone Capital Management boosted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 21.3% during the 1st quarter. Brookstone Capital Management now owns 14,747 shares of the company’s stock worth $228,000 after acquiring an additional 2,591 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 26.9% during the 1st quarter. Private Advisor Group LLC now owns 54,800 shares of the company’s stock worth $846,000 after buying an additional 11,630 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 6.4% in 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. Whittier Trust Co. acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 1st quarter valued at about $116,000. Finally, Catalina Capital Group LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the first quarter valued at approximately $158,000.

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

Shares of CPZ opened at 15.57 on Wednesday. The stock has a 50 day moving average price of 15.56 and a two-hundred day moving average price of 15.47. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52 week low of 13.17 and a 52 week high of 16.03.

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

The company also recently announced a monthly dividend, which was paid on Tuesday, October 22nd. Stockholders of record on Tuesday, October 15th were paid a $0.14 dividend. The ex-dividend date of this dividend was Tuesday, October 15th. This represents a $1.68 annualized dividend and a dividend yield of 10.79%.

Insiders Place Their Bets

In related news, VP John S. Koudounis sold 24,739 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of 15.41, for a total value of 381,227.99. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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.