Calamos Global Dynamic Income Fund (NASDAQ:CHW) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.92 and traded as high as $6.94. Calamos Global Dynamic Income Fund shares last traded at $6.93, with a volume of 165,458 shares changing hands.

Calamos Global Dynamic Income Fund Price Performance

The company’s 50-day moving average is $7.08 and its two-hundred day moving average is $6.92.

Calamos Global Dynamic Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 13th will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.60 dividend on an annualized basis and a yield of 8.62%.

Institutional Trading of Calamos Global Dynamic Income Fund

Institutional investors have recently made changes to their positions in the stock. Chicago Partners Investment Group LLC grew its position in Calamos Global Dynamic Income Fund by 3.7% in the third quarter. Chicago Partners Investment Group LLC now owns 58,443 shares of the investment management company’s stock worth $417,000 after buying an additional 2,103 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Calamos Global Dynamic Income Fund by 9.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 267,596 shares of the investment management company’s stock valued at $1,919,000 after acquiring an additional 23,300 shares during the period. Dakota Wealth Management lifted its holdings in shares of Calamos Global Dynamic Income Fund by 3.0% in the third quarter. Dakota Wealth Management now owns 59,500 shares of the investment management company’s stock valued at $427,000 after purchasing an additional 1,760 shares in the last quarter. GHP Investment Advisors Inc. acquired a new stake in Calamos Global Dynamic Income Fund during the 3rd quarter worth about $30,000. Finally, Saxony Capital Management LLC grew its position in Calamos Global Dynamic Income Fund by 10.6% during the third quarter. Saxony Capital Management LLC now owns 83,500 shares of the investment management company’s stock valued at $599,000 after purchasing an additional 8,000 shares in the last quarter.

About Calamos Global Dynamic Income Fund

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