Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Shares Bought by Shaker Financial Services LLC

Shaker Financial Services LLC lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 38.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,188 shares of the company’s stock after purchasing an additional 5,916 shares during the period. Shaker Financial Services LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $332,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sanctuary Advisors LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter valued at approximately $765,000. J.W. Cole Advisors Inc. grew its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 196.9% during the third quarter. J.W. Cole Advisors Inc. now owns 49,285 shares of the company’s stock worth $773,000 after buying an additional 32,687 shares in the last quarter. Calamos Wealth Management LLC increased its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 155.7% in the second quarter. Calamos Wealth Management LLC now owns 26,783 shares of the company’s stock worth $408,000 after buying an additional 16,308 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 6.7% in the first quarter. Oppenheimer & Co. Inc. now owns 185,175 shares of the company’s stock valued at $2,857,000 after acquiring an additional 11,631 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 26.9% during the 1st quarter. Private Advisor Group LLC now owns 54,800 shares of the company’s stock valued at $846,000 after acquiring an additional 11,630 shares during the last quarter.

Insider Activity at Calamos Long/Short Equity & Dynamic Income Term Trust

In other news, VP John S. Koudounis sold 24,739 shares of Calamos Long/Short Equity & Dynamic Income Term Trust stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of 15.41, for a total value of 381,227.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Calamos Long/Short Equity & Dynamic Income Term Trust Price Performance

CPZ opened at 15.66 on Friday. The company has a 50-day moving average of 15.59 and a 200-day moving average of 15.49. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1-year low of 13.77 and a 1-year high of 16.03.

Calamos Long/Short Equity & Dynamic Income Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 13th will be paid a $0.14 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $1.68 dividend on an annualized basis and a yield of 10.73%.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Investments is a global investment firm committed to excellence in investment management and client services. A global investment platform with focused, experienced teams, specialized by investment discipline. Serving the needs of institutional and individual investors since 1977. Offering a range of global investment solutions to work with a client’s asset allocation framework.