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First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Sets New 12-Month High - Here's What Happened

First Trust Global Tactical Commodity Strategy Fund logo with Manufacturing background

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report)'s stock price hit a new 52-week high on Thursday . The company traded as high as $26.02 and last traded at $25.91, with a volume of 2880145 shares traded. The stock had previously closed at $25.89.

First Trust Global Tactical Commodity Strategy Fund Stock Down 0.2%

The business's 50 day moving average price is $24.65 and its two-hundred day moving average price is $24.67.

First Trust Global Tactical Commodity Strategy Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.1417 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.57 dividend on an annualized basis and a yield of 2.19%.

Institutional Trading of First Trust Global Tactical Commodity Strategy Fund

Several institutional investors have recently modified their holdings of FTGC. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust Global Tactical Commodity Strategy Fund in the fourth quarter valued at $25,000. CX Institutional acquired a new stake in First Trust Global Tactical Commodity Strategy Fund in the 1st quarter valued at about $29,000. Blue Trust Inc. acquired a new stake in First Trust Global Tactical Commodity Strategy Fund in the 4th quarter valued at about $45,000. Mechanics Financial Corp acquired a new stake in First Trust Global Tactical Commodity Strategy Fund in the 4th quarter valued at about $48,000. Finally, Ameriflex Group Inc. acquired a new stake in First Trust Global Tactical Commodity Strategy Fund in the 4th quarter valued at about $50,000.

About First Trust Global Tactical Commodity Strategy Fund

(Get Free Report)

The First Trust Global Tactical Commodity Strategy Fund (FTGC) is an exchange-traded fund that is based on the Benchmark for FTGC Fund index. The fund is an actively managed fund that, through a subsidiary, provides broad exposure to commodities through futures contracts. The fund is structured as a 1940 Act open-ended fund.

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