First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) to Issue Quarterly Dividend of $0.15

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) declared a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 26th will be given a dividend of 0.1509 per share on Monday, June 30th. This represents a $0.60 annualized dividend and a dividend yield of 2.45%. The ex-dividend date is Thursday, June 26th. This is a 6.5% increase from First Trust Global Tactical Commodity Strategy Fund's previous quarterly dividend of $0.14.

First Trust Global Tactical Commodity Strategy Fund Stock Down 0.5%

FTGC stock traded down $0.12 on Friday, hitting $24.66. 806,674 shares of the company's stock were exchanged, compared to its average volume of 500,789. First Trust Global Tactical Commodity Strategy Fund has a 12-month low of $22.22 and a 12-month high of $26.02. The firm has a 50 day moving average price of $24.70 and a two-hundred day moving average price of $24.71.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in First Trust Global Tactical Commodity Strategy Fund stock. Jane Street Group LLC bought a new position in shares of First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 15,006 shares of the company's stock, valued at approximately $383,000.

About First Trust Global Tactical Commodity Strategy Fund

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.