Calamos Strategic Total Return Fund (NASDAQ:CSQ) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Calamos Strategic Total Return Fund (NASDAQ:CSQ)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.64 and traded as low as $16.40. Calamos Strategic Total Return Fund shares last traded at $16.57, with a volume of 387,876 shares traded.

Calamos Strategic Total Return Fund Trading Up 0.1 %

The firm has a 50-day moving average of $17.67 and a two-hundred day moving average of $17.64.

Calamos Strategic Total Return Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th were paid a $0.1025 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date of this dividend was Thursday, March 13th.

Insider Transactions at Calamos Strategic Total Return Fund

In other news, CFO Thomas E. Herman bought 11,683 shares of the firm’s stock in a transaction on Wednesday, January 29th. The stock was acquired at an average price of $18.23 per share, with a total value of $212,981.09. Following the transaction, the chief financial officer now owns 11,683 shares of the company’s stock, valued at $212,981.09. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Institutional Investors Weigh In On Calamos Strategic Total Return Fund

Several large investors have recently modified their holdings of the company. Capital A Wealth Management LLC bought a new position in Calamos Strategic Total Return Fund in the fourth quarter worth approximately $26,000. MassMutual Private Wealth & Trust FSB purchased a new stake in Calamos Strategic Total Return Fund in the 4th quarter worth about $27,000. Ameriflex Group Inc. bought a new position in Calamos Strategic Total Return Fund in the 4th quarter worth approximately $37,000. Truvestments Capital LLC bought a new stake in shares of Calamos Strategic Total Return Fund during the 3rd quarter valued at $41,000. Finally, Larson Financial Group LLC grew its stake in Calamos Strategic Total Return Fund by 233.3% during the third quarter. Larson Financial Group LLC now owns 8,000 shares of the investment management company’s stock valued at $139,000 after acquiring an additional 5,600 shares in 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.