Shares of First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 802,543 shares were traded during mid-day trading, an increase of 42% from the previous session's volume of 566,724 shares.The stock last traded at $25.10 and had previously closed at $25.11.
First Trust Global Tactical Commodity Strategy Fund Stock Down 0.3%
The company's fifty day moving average is $24.80 and its 200-day moving average is $24.78.
First Trust Global Tactical Commodity Strategy Fund Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were issued a $0.1509 dividend. This represents a $0.60 annualized dividend and a yield of 2.41%. This is a positive change from First Trust Global Tactical Commodity Strategy Fund's previous quarterly dividend of $0.14. The ex-dividend date was Thursday, June 26th.
Institutional Investors Weigh In On First Trust Global Tactical Commodity Strategy Fund
A number of institutional investors have recently added to or reduced their stakes in FTGC. SBI Securities Co. Ltd. bought a new position in shares of First Trust Global Tactical Commodity Strategy Fund during the 4th quarter valued at approximately $25,000. Raymond James Financial Inc. bought a new stake in First Trust Global Tactical Commodity Strategy Fund in the fourth quarter worth $18,836,000. Independent Advisor Alliance bought a new stake in First Trust Global Tactical Commodity Strategy Fund in the fourth quarter worth $260,000. Wealthfront Advisers LLC bought a new stake in First Trust Global Tactical Commodity Strategy Fund in the fourth quarter worth $141,000. Finally, HighTower Advisors LLC lifted its position in First Trust Global Tactical Commodity Strategy Fund by 59.6% in the fourth quarter. HighTower Advisors LLC now owns 211,124 shares of the company's stock worth $5,052,000 after buying an additional 78,845 shares during the last quarter.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
