Evolve Private Wealth LLC Invests $886,000 in Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ

Evolve Private Wealth LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 67,711 shares of the company’s stock, valued at approximately $886,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% in the 4th quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after acquiring an additional 1,244 shares in the last quarter. Invesco Ltd. lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.5% in the 4th quarter. Invesco Ltd. now owns 11,207 shares of the company’s stock worth $164,000 after acquiring an additional 785 shares during the period. Envestnet Asset Management Inc. acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 3rd quarter worth approximately $184,000. XTX Topco Ltd acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter worth approximately $201,000. Finally, Readystate Asset Management LP bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter valued at approximately $203,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Shares of NASDAQ CPZ opened at $13.30 on Monday. The business has a fifty day simple moving average of $13.16 and a 200 day simple moving average of $13.64. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $12.41 and a one year high of $16.82.

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

The firm also recently declared a monthly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, August 14th were issued a $0.14 dividend. This represents a c) annualized dividend and a yield of 12.6%. The ex-dividend date of this dividend was Friday, August 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.