Beacon Financial Advisory LLC Sells 4,983 Shares of Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF)

Beacon Financial Advisory LLC lessened its position in Calamos CEF Income & Arbitrage ETF (NYSEARCA:CCEF) by 5.9% in the third quarter, HoldingsChannel.com reports. The fund owned 80,176 shares of the company’s stock after selling 4,983 shares during the period. Calamos CEF Income & Arbitrage ETF comprises about 0.8% of Beacon Financial Advisory LLC’s portfolio, making the stock its 19th biggest holding. Beacon Financial Advisory LLC owned 0.20% of Calamos CEF Income & Arbitrage ETF worth $2,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Truist Financial Corp acquired a new position in Calamos CEF Income & Arbitrage ETF during the second quarter worth approximately $568,000. AE Wealth Management LLC acquired a new position in shares of Calamos CEF Income & Arbitrage ETF during the 2nd quarter worth approximately $405,000. Finally, Sonoma Private Wealth LLC lifted its holdings in Calamos CEF Income & Arbitrage ETF by 17.6% during the 3rd quarter. Sonoma Private Wealth LLC now owns 18,359 shares of the company’s stock valued at $531,000 after purchasing an additional 2,754 shares during the last quarter.

Calamos CEF Income & Arbitrage ETF Trading Up 0.8 %

Shares of CCEF opened at $28.05 on Wednesday. Calamos CEF Income & Arbitrage ETF has a 52 week low of $24.50 and a 52 week high of $28.90. The firm’s 50-day simple moving average is $28.36 and its 200 day simple moving average is $27.31.

Calamos CEF Income & Arbitrage ETF Profile

The Calamos CEF Income & Arbitrage ETF (CCEF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that invests in income-producing closed-end funds trading at attractive discounts. The fund seeks to deliver high current income and long-term capital appreciation.