Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Shares Sold by Cornerstone Advisors LLC

Cornerstone Advisors LLC cut its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) by 65.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,275 shares of the company’s stock after selling 63,354 shares during the quarter. Cornerstone Advisors LLC’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $522,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CPZ. Comerica Bank lifted its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.3% during the first quarter. Comerica Bank now owns 24,604 shares of the company’s stock worth $380,000 after purchasing an additional 3,082 shares in the last quarter. Optimum Investment Advisors raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 43.0% in the second quarter. Optimum Investment Advisors now owns 13,300 shares of the company’s stock valued at $203,000 after buying an additional 4,000 shares during the last quarter. Catalina Capital Group LLC grew its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 62.3% in the 2nd quarter. Catalina Capital Group LLC now owns 16,617 shares of the company’s stock valued at $253,000 after purchasing an additional 6,380 shares during the last quarter. Calamos Wealth Management LLC raised its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 155.7% during the 2nd quarter. Calamos Wealth Management LLC now owns 26,783 shares of the company’s stock worth $408,000 after buying an additional 16,308 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 7.1% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 30,886 shares of the company’s stock worth $471,000 after purchasing an additional 2,041 shares during the period.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Up 1.2 %

NASDAQ:CPZ opened at 15.55 on Friday. Calamos Long/Short Equity & Dynamic Income Term Trust has a 1 year low of 14.23 and a 1 year high of 16.03. The stock has a fifty day moving average price of 15.60 and a two-hundred day moving average price of 15.50.

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

The company also recently declared a monthly dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 13th were given a $0.14 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 10.80%. The ex-dividend date of this dividend was Wednesday, November 13th.

Insider Transactions at Calamos Long/Short Equity & Dynamic Income Term Trust

In other Calamos Long/Short Equity & Dynamic Income Term Trust news, VP John S. Koudounis sold 24,739 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of 15.41, for a total transaction of 381,227.99. The sale was disclosed in a document filed with the SEC, which is available at this link.

Calamos Long/Short Equity & Dynamic Income Term Trust Profile

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.