Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Crosses Above 200-Day Moving Average of $8.02

Calamos Global Dynamic Income Fund (NASDAQ:CHW) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.02 and traded as high as $7.85. Calamos Global Dynamic Income Fund shares last traded at $7.85, with a volume of 12,136 shares trading hands.

The company has a 50 day moving average of $7.81 and a 200 day moving average of $8.02.

The company also recently disclosed a monthly dividend, which was paid on Friday, September 20th. Investors of record on Monday, September 16th were paid a $0.07 dividend. This represents a $0.84 annualized dividend and a yield of 10.74%. The ex-dividend date was Friday, September 13th.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. BB&T Securities LLC raised its stake in Calamos Global Dynamic Income Fund by 13.4% in the 2nd quarter. BB&T Securities LLC now owns 17,654 shares of the investment management company’s stock valued at $142,000 after purchasing an additional 2,081 shares during the last quarter. Citadel Advisors LLC purchased a new stake in Calamos Global Dynamic Income Fund in the 2nd quarter valued at $143,000. RFG Advisory LLC grew its holdings in Calamos Global Dynamic Income Fund by 18.5% in the 2nd quarter. RFG Advisory LLC now owns 22,431 shares of the investment management company’s stock valued at $179,000 after buying an additional 3,500 shares in the last quarter. Wedbush Securities Inc. grew its holdings in Calamos Global Dynamic Income Fund by 7.5% in the 2nd quarter. Wedbush Securities Inc. now owns 22,183 shares of the investment management company’s stock valued at $180,000 after buying an additional 1,552 shares in the last quarter. Finally, Shaker Financial Services LLC purchased a new stake in Calamos Global Dynamic Income Fund in the 2nd quarter valued at $215,000.

About Calamos Global Dynamic Income Fund (NASDAQ:CHW)

Calamos Global Dynamic Income Fund operates as a diversified, closed-end management investment company. It provides a level of current income with a secondary objective of capital appreciation. The company was founded on April 10, 2007 and is headquartered in Naperville, IL.

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