Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.71 and traded as high as $6.96. Calamos Global Dynamic Income Fund shares last traded at $6.91, with a volume of 190,268 shares changing hands.

Calamos Global Dynamic Income Fund Stock Down 0.1%

The stock has a fifty day moving average of $6.48 and a 200-day moving average of $6.71.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a $0.60 annualized dividend and a yield of 8.68%.

Institutional Trading of Calamos Global Dynamic Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in CHW. Raymond James Financial Inc. bought a new stake in Calamos Global Dynamic Income Fund during the 4th quarter worth about $2,066,000. Guggenheim Capital LLC raised its holdings in Calamos Global Dynamic Income Fund by 26.2% during the 4th quarter. Guggenheim Capital LLC now owns 965,829 shares of the investment management company’s stock worth $6,519,000 after purchasing an additional 200,347 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in Calamos Global Dynamic Income Fund by 10.4% during the 4th quarter. Advisors Asset Management Inc. now owns 1,859,477 shares of the investment management company’s stock worth $12,551,000 after purchasing an additional 175,726 shares during the last quarter. Strategic Financial Concepts LLC raised its holdings in Calamos Global Dynamic Income Fund by 575.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 170,775 shares of the investment management company’s stock worth $1,153,000 after purchasing an additional 145,475 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of Calamos Global Dynamic Income Fund by 91.7% during the 1st quarter. Royal Bank of Canada now owns 246,847 shares of the investment management company’s stock worth $1,577,000 after buying an additional 118,085 shares during the period.

Calamos Global Dynamic Income Fund Company Profile

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