City of London Investment Management Co. Ltd. Purchases 24,811 Shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

City of London Investment Management Co. Ltd. grew its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZFree Report) by 114.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,457 shares of the company’s stock after buying an additional 24,811 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in Calamos Long/Short Equity & Dynamic Income Term Trust were worth $671,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kayne Anderson Capital Advisors LP bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at $171,000. Brookstone Capital Management purchased a new position in Calamos Long/Short Equity & Dynamic Income Term Trust in the fourth quarter worth about $176,000. Blue Bell Private Wealth Management LLC grew its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 32.8% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 13,346 shares of the company’s stock valued at $193,000 after purchasing an additional 3,300 shares during the period. Matisse Capital purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at about $280,000. Finally, Atlas Wealth LLC boosted its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 5.7% in the third quarter. Atlas Wealth LLC now owns 19,294 shares of the company’s stock worth $285,000 after buying an additional 1,035 shares during the last quarter.

Insider Buying and Selling at Calamos Long/Short Equity & Dynamic Income Term Trust

In other news, CFO Thomas E. Herman purchased 16,308 shares of the stock in a transaction on Wednesday, May 1st. The shares were acquired at an average price of 15.55 per share, with a total value of 253,589.40. Following the completion of the acquisition, the chief financial officer now directly owns 26,783 shares of the company’s stock, valued at 416,475.65. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 0.7 %

CPZ traded up 0.11 during trading on Tuesday, hitting 15.74. The company’s stock had a trading volume of 68,000 shares, compared to its average volume of 57,757. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of 13.17 and a one year high of 16.11. The business’s 50 day simple moving average is 15.35 and its 200-day simple moving average is 14.97.

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

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 21st. Investors of record on Tuesday, May 14th will be given a dividend of $0.14 per share. The ex-dividend date of this dividend is Monday, May 13th. This represents a $1.68 annualized dividend and a yield of 10.67%.

About Calamos Long/Short Equity & Dynamic Income Term Trust

(Free Report)

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.

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Institutional Ownership by Quarter for Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ)

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