Calamos Global Total Return Fund (NASDAQ:CGO) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Calamos Global Total Return Fund (NASDAQ:CGO) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.62 and traded as low as $11.61. Calamos Global Total Return Fund shares last traded at $11.81, with a volume of 31,292 shares traded.

Calamos Global Total Return Fund Price Performance

The stock has a 50-day moving average price of $12.02 and a two-hundred day moving average price of $11.62.

Calamos Global Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, November 14th will be given a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Friday, November 14th.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Allworth Financial LP purchased a new position in shares of Calamos Global Total Return Fund during the second quarter valued at about $82,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Calamos Global Total Return Fund during the 3rd quarter valued at approximately $126,000. Osaic Holdings Inc. grew its holdings in shares of Calamos Global Total Return Fund by 64.6% during the 2nd quarter. Osaic Holdings Inc. now owns 16,896 shares of the investment management company’s stock worth $198,000 after acquiring an additional 6,630 shares during the period. Advisors Asset Management Inc. purchased a new position in shares of Calamos Global Total Return Fund during the 1st quarter worth approximately $231,000. Finally, Brookstone Capital Management raised its position in shares of Calamos Global Total Return Fund by 10.4% in the 2nd quarter. Brookstone Capital Management now owns 39,634 shares of the investment management company’s stock worth $464,000 after acquiring an additional 3,728 shares in the last quarter.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.