Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ) Shares Down 0.9% – What’s Next?

Shares of Calamos Nasdaq Equity & Income ETF (NASDAQ:CANQ – Get Free Report) traded down 0.9% on Monday. The company traded as low as $28.70 and last traded at $28.6210. Approximately 803 shares changed hands during trading, a decline of 83% from the average daily volume of 4,779 shares. The stock had previously closed at $28.89.

Calamos Nasdaq Equity & Income ETF Stock Performance

The firm has a 50 day moving average of $29.55 and a 200-day moving average of $29.76.

Calamos Nasdaq Equity & Income ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 9th. Investors of record on Monday, November 2nd will be paid a $0.1226 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date is Monday, November 2nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Calamos Advisors LLC bought a new stake in Calamos Nasdaq Equity & Income ETF in the 1st quarter valued at $5,326,000. Calamos Wealth Management LLC bought a new position in shares of Calamos Nasdaq Equity & Income ETF during the 3rd quarter worth about $4,692,000. Commonwealth Equity Services LLC bought a new position in shares of Calamos Nasdaq Equity & Income ETF during the 3rd quarter worth about $242,000. Finally, Waverly Advisors LLC bought a new position in shares of Calamos Nasdaq Equity & Income ETF during the 1st quarter worth about $28,000.

About Calamos Nasdaq Equity & Income ETF

(Get Free Report)

The Calamos Alternative Nasdaq & Bond ETF (CANQ) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to provide convertible security-like exposure to the NASDAQ-100 Index. The portfolio contains a mix of equity options and fixed income exposure to pursue favorable risk-adjusted returns CANQ was launched on Feb 13, 2024 and is issued by Calamos.

Further Reading

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