Free Trial

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.

Recommended Stories

Should You Invest $1,000 in First Trust Global Tactical Commodity Strategy Fund Right Now?

Before you consider First Trust Global Tactical Commodity Strategy Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust Global Tactical Commodity Strategy Fund wasn't on the list.

While First Trust Global Tactical Commodity Strategy Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Next Palantir? AI-Defense Stock Set for Explosive Growth
2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines