J.W. Cole Advisors Inc. Boosts Holdings in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

J.W. Cole Advisors Inc. raised its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 57.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 77,586 shares of the company’s stock after buying an additional 28,301 shares during the period. J.W. Cole Advisors Inc.’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $1,151,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of CPZ. Walleye Capital LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter valued at $290,000. Shaker Financial Services LLC boosted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 38.7% during the 3rd quarter. Shaker Financial Services LLC now owns 21,188 shares of the company’s stock worth $332,000 after acquiring an additional 5,916 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 9.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 35,356 shares of the company’s stock worth $524,000 after acquiring an additional 3,160 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 1.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 196,061 shares of the company’s stock valued at $3,076,000 after purchasing an additional 3,060 shares in the last quarter. Finally, Penserra Capital Management LLC acquired a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter worth about $4,102,000.

Insider Buying and Selling

In related news, CFO Thomas E. Herman sold 13,392 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $15.58, for a total value of $208,647.36. Following the transaction, the chief financial officer now directly owns 13,391 shares of the company’s stock, valued at approximately $208,631.78. This trade represents a 50.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.3 %

Shares of CPZ stock opened at $15.20 on Wednesday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $14.67 and a 12-month high of $16.03. The business’s 50 day moving average is $15.33 and its two-hundred day moving average is $15.47.

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

The business also recently declared a monthly dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, February 13th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $1.68 dividend on an annualized basis and a yield of 11.05%.

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.