Truist Financial Corp Has $1.71 Million Position in Calamos Convertible Equity Alternative ETF $CVRT

Truist Financial Corp grew its holdings in shares of Calamos Convertible Equity Alternative ETF (NYSEARCA:CVRT) by 216.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,807 shares of the company’s stock after acquiring an additional 30,637 shares during the period. Truist Financial Corp owned 0.09% of Calamos Convertible Equity Alternative ETF worth $1,708,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Aurora Private Wealth Inc. acquired a new stake in Calamos Convertible Equity Alternative ETF during the 4th quarter worth about $200,000. Envestnet Asset Management Inc. bought a new stake in Calamos Convertible Equity Alternative ETF in the third quarter worth approximately $249,000. Grantvest Financial Group LLC bought a new stake in Calamos Convertible Equity Alternative ETF in the fourth quarter worth approximately $278,000. Finally, Jane Street Group LLC increased its holdings in Calamos Convertible Equity Alternative ETF by 7.5% in the first quarter. Jane Street Group LLC now owns 69,942 shares of the company’s stock worth $2,000,000 after purchasing an additional 4,886 shares in the last quarter.

Calamos Convertible Equity Alternative ETF Trading Down 0.3%

Shares of CVRT stock opened at $51.74 on Friday. The stock has a 50 day simple moving average of $45.13 and a two-hundred day simple moving average of $41.65. Calamos Convertible Equity Alternative ETF has a fifty-two week low of $30.12 and a fifty-two week high of $52.40.

Calamos Convertible Equity Alternative ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 9th. Investors of record on Monday, March 2nd were given a dividend of $0.0445 per share. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, March 2nd. This is a boost from Calamos Convertible Equity Alternative ETF’s previous monthly dividend of $0.04.

Calamos Convertible Equity Alternative ETF Company Profile

The Calamos Convertible Equity Alternative ETF (CVRT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in a portfolio of US convertible securities with a high level of equity sensitivity. The fund seeks to deliver total return through capital appreciation and current income. CVRT was launched on Oct 4, 2023 and is issued by Calamos.