PNC Financial Services Group Inc. Takes Position in Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD)

PNC Financial Services Group Inc. acquired a new stake in Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,908 shares of the company’s stock, valued at approximately $293,000.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in shares of Calamos Dynamic Convertible & Incm Fd by 28.7% in the second quarter. Bank of America Corp DE now owns 311,715 shares of the company’s stock valued at $6,577,000 after acquiring an additional 69,464 shares in the last quarter. Stifel Financial Corp boosted its holdings in Calamos Dynamic Convertible & Incm Fd by 8.5% during the second quarter. Stifel Financial Corp now owns 16,925 shares of the company’s stock worth $357,000 after buying an additional 1,325 shares in the last quarter. Advisor Group Holdings Inc. boosted its holdings in Calamos Dynamic Convertible & Incm Fd by 81.5% during the second quarter. Advisor Group Holdings Inc. now owns 12,166 shares of the company’s stock worth $257,000 after buying an additional 5,462 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in Calamos Dynamic Convertible & Incm Fd by 1.9% during the second quarter. Advisors Asset Management Inc. now owns 397,195 shares of the company’s stock worth $8,381,000 after buying an additional 7,312 shares in the last quarter. Finally, Doliver Advisors LP boosted its holdings in Calamos Dynamic Convertible & Incm Fd by 183.7% during the second quarter. Doliver Advisors LP now owns 37,708 shares of the company’s stock worth $796,000 after buying an additional 24,417 shares in the last quarter.

Shares of NASDAQ:CCD opened at $23.27 on Friday. Calamos Dynamic Convertible & Incm Fd has a 1-year low of $9.62 and a 1-year high of $24.10. The company has a 50 day moving average price of $23.02 and a 200 day moving average price of $20.14.

The firm also recently announced a monthly dividend, which was paid on Friday, September 18th. Investors of record on Monday, September 14th were issued a dividend of $0.167 per share. This represents a $2.00 dividend on an annualized basis and a yield of 8.61%. The ex-dividend date of this dividend was Friday, September 11th.

Calamos Dynamic Convertible & Incm Fd Profile

Calamos Dynamic Convertible and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.

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Institutional Ownership by Quarter for Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD)

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