UBS Group AG Sells 85,842 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ

UBS Group AG lowered its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 35.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 154,646 shares of the company’s stock after selling 85,842 shares during the period. UBS Group AG’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $2,261,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CPZ. Bank of America Corp DE raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the fourth quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after purchasing an additional 1,244 shares during the period. Cetera Investment Advisers raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 5.4% in the second quarter. Cetera Investment Advisers now owns 29,649 shares of the company’s stock valued at $481,000 after purchasing an additional 1,516 shares during the period. XTX Topco Ltd bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the second quarter valued at approximately $201,000. Raymond James Financial Inc. raised its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 31.1% in the second quarter. Raymond James Financial Inc. now owns 438,105 shares of the company’s stock valued at $7,110,000 after purchasing an additional 103,935 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the second quarter valued at approximately $320,000.

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

NASDAQ CPZ opened at $12.80 on Thursday. The company’s 50 day moving average is $13.60 and its 200-day moving average is $14.43. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of $12.73 and a 12-month high of $16.82.

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

The company also recently announced a monthly dividend, which was paid on Thursday, May 21st. Investors of record on Thursday, May 14th were issued a dividend of $0.14 per share. This represents a c) dividend on an annualized basis and a yield of 13.1%. The ex-dividend date of this dividend was Thursday, May 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Profile

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.