Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.98 and traded as high as $7.07. Calamos Global Dynamic Income Fund shares last traded at $6.96, with a volume of 139,515 shares.

Calamos Global Dynamic Income Fund Trading Down 1.2 %

The company has a 50-day moving average price of $6.89 and a 200-day moving average price of $6.98.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 13th were given a dividend of $0.05 per share. The ex-dividend date was Thursday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 8.63%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Dakota Wealth Management boosted its position in shares of Calamos Global Dynamic Income Fund by 3.0% during the 3rd quarter. Dakota Wealth Management now owns 59,500 shares of the investment management company’s stock worth $427,000 after acquiring an additional 1,760 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in shares of Calamos Global Dynamic Income Fund by 3.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 58,443 shares of the investment management company’s stock worth $417,000 after acquiring an additional 2,103 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Calamos Global Dynamic Income Fund by 4.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 49,709 shares of the investment management company’s stock worth $336,000 after acquiring an additional 2,277 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Calamos Global Dynamic Income Fund by 1.0% during the 4th quarter. Ameriprise Financial Inc. now owns 244,242 shares of the investment management company’s stock worth $1,662,000 after acquiring an additional 2,419 shares in the last quarter. Finally, Arete Wealth Advisors LLC lifted its holdings in shares of Calamos Global Dynamic Income Fund by 24.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 12,688 shares of the investment management company’s stock valued at $91,000 after purchasing an additional 2,496 shares during the last quarter.

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.