Thomas E. Herman Purchases 16,308 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Stock

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) CFO Thomas E. Herman bought 16,308 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was purchased at an average cost of 15.55 per share, for a total transaction of 253,589.40. Following the completion of the transaction, the chief financial officer now directly owns 26,783 shares of the company’s stock, valued at approximately 416,475.65. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Up 0.5 %

Shares of NASDAQ:CPZ opened at 15.60 on Friday. The firm’s 50 day moving average price is 15.19 and its 200-day moving average price is 14.81. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of 13.17 and a twelve month high of 16.11.

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

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Tuesday, May 14th will be given a $0.14 dividend. The ex-dividend date of this dividend is Monday, May 13th. This represents a $1.68 annualized dividend and a yield of 10.77%.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Hedge funds have recently modified their holdings of the business. UBS Group AG raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 18.2% in the 3rd quarter. UBS Group AG now owns 484,691 shares of the company’s stock worth $7,169,000 after purchasing an additional 74,567 shares during the period. Saba Capital Management L.P. lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 70.4% during the 3rd quarter. Saba Capital Management L.P. now owns 400,819 shares of the company’s stock valued at $5,928,000 after buying an additional 165,626 shares in the last quarter. Cornerstone Advisors LLC grew its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 31.9% during the 4th quarter. Cornerstone Advisors LLC now owns 225,640 shares of the company’s stock valued at $3,260,000 after acquiring an additional 54,623 shares during the period. Oppenheimer & Co. Inc. increased its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 7.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 173,544 shares of the company’s stock worth $2,508,000 after acquiring an additional 12,678 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 3.6% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 143,440 shares of the company’s stock worth $2,213,000 after acquiring an additional 5,033 shares during the period.

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.