Quad Cities Investment Group LLC Acquires 10,115 Shares of Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD)

Quad Cities Investment Group LLC increased its holdings in Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD) by 39.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 35,607 shares of the company’s stock after buying an additional 10,115 shares during the period. Quad Cities Investment Group LLC’s holdings in Calamos Dynamic Convertible & Incm Fd were worth $717,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CCD. NEXT Financial Group Inc purchased a new stake in Calamos Dynamic Convertible & Incm Fd in the 2nd quarter worth approximately $41,000. Advisor Group Inc. raised its position in shares of Calamos Dynamic Convertible & Incm Fd by 41.2% during the 4th quarter. Advisor Group Inc. now owns 3,548 shares of the company’s stock valued at $58,000 after buying an additional 1,036 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Calamos Dynamic Convertible & Incm Fd during the 1st quarter valued at $99,000. Synovus Financial Corp raised its position in shares of Calamos Dynamic Convertible & Incm Fd by 58.3% during the 1st quarter. Synovus Financial Corp now owns 5,421 shares of the company’s stock valued at $111,000 after buying an additional 1,996 shares in the last quarter. Finally, Stifel Financial Corp raised its position in shares of Calamos Dynamic Convertible & Incm Fd by 39.1% during the 4th quarter. Stifel Financial Corp now owns 16,688 shares of the company’s stock valued at $272,000 after buying an additional 4,688 shares in the last quarter.

Shares of Calamos Dynamic Convertible & Incm Fd stock traded down $0.01 on Friday, hitting $20.97. 700 shares of the company traded hands, compared to its average volume of 75,115. The company’s 50-day simple moving average is $20.18. Calamos Dynamic Convertible & Incm Fd has a 12-month low of $15.61 and a 12-month high of $22.99.

The business also recently disclosed a monthly dividend, which was paid on Friday, July 19th. Stockholders of record on Friday, July 12th were given a dividend of $0.167 per share. This represents a $2.00 annualized dividend and a dividend yield of 9.56%. The ex-dividend date of this dividend was Thursday, July 11th.

Calamos Dynamic Convertible & Incm Fd Profile

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.

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Institutional Ownership by Quarter for Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD)

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