Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Stock Position Reduced by Raymond James & Associates

Raymond James & Associates cut its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 14.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,868 shares of the company’s stock after selling 10,739 shares during the period. Raymond James & Associates’ holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $894,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. AQR Arbitrage LLC lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 135.2% in the third quarter. AQR Arbitrage LLC now owns 106,667 shares of the company’s stock valued at $1,578,000 after acquiring an additional 61,313 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 10.1% in the third quarter. Kestra Advisory Services LLC now owns 44,106 shares of the company’s stock valued at $652,000 after acquiring an additional 4,055 shares during the last quarter. Brookstone Capital Management acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter valued at approximately $176,000. Raymond James Financial Services Advisors Inc. lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 12.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 126,185 shares of the company’s stock valued at $1,866,000 after acquiring an additional 13,504 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 8.0% in the third quarter. Oppenheimer & Co. Inc. now owns 160,866 shares of the company’s stock valued at $2,379,000 after acquiring an additional 11,968 shares during the last quarter.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Up 1.1 %

NASDAQ CPZ opened at 15.41 on Tuesday. The company has a 50 day moving average price of 15.10 and a two-hundred day moving average price of 14.75. Calamos Long/Short Equity & Dynamic Income Term Trust has a 12-month low of 13.17 and a 12-month high of 16.11.

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

The firm also recently announced a monthly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 12th were paid a $0.14 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 10.90%. The ex-dividend date of this dividend was Thursday, April 11th.

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.