First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) shares saw strong trading volume on Tuesday . 1,094,226 shares changed hands during trading, an increase of 86% from the previous session's volume of 588,543 shares.The stock last traded at $24.80 and had previously closed at $24.87.
First Trust Global Tactical Commodity Strategy Fund Trading Up 0.6%
The stock has a 50-day moving average price of $25.17 and a 200 day moving average price of $24.92.
First Trust Global Tactical Commodity Strategy Fund Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were given a dividend of $0.1509 per share. This is an increase from First Trust Global Tactical Commodity Strategy Fund's previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, June 26th.
Institutional Investors Weigh In On First Trust Global Tactical Commodity Strategy Fund
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Merit Financial Group LLC raised its position in First Trust Global Tactical Commodity Strategy Fund by 2.4% in the 1st quarter. Merit Financial Group LLC now owns 20,030 shares of the company's stock valued at $511,000 after buying an additional 464 shares during the last quarter. Moors & Cabot Inc. raised its position in First Trust Global Tactical Commodity Strategy Fund by 2.3% in the 1st quarter. Moors & Cabot Inc. now owns 21,416 shares of the company's stock valued at $547,000 after buying an additional 483 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its position in First Trust Global Tactical Commodity Strategy Fund by 4.4% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 11,503 shares of the company's stock valued at $275,000 after buying an additional 488 shares during the last quarter. Callan Family Office LLC raised its position in First Trust Global Tactical Commodity Strategy Fund by 1.9% in the 2nd quarter. Callan Family Office LLC now owns 27,500 shares of the company's stock valued at $678,000 after buying an additional 500 shares during the last quarter. Finally, Kestra Private Wealth Services LLC raised its position in First Trust Global Tactical Commodity Strategy Fund by 0.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 63,845 shares of the company's stock valued at $1,629,000 after buying an additional 520 shares during the last quarter.
First Trust Global Tactical Commodity Strategy Fund Company Profile
(
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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