First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) shares rose 0.1% during mid-day trading on Thursday . The company traded as high as $25.14 and last traded at $25.13. Approximately 1,167,561 shares traded hands during mid-day trading, an increase of 129% from the average daily volume of 509,608 shares. The stock had previously closed at $25.11.
First Trust Global Tactical Commodity Strategy Fund Price Performance
The stock's 50-day moving average is $24.85 and its 200-day moving average is $24.82.
First Trust Global Tactical Commodity Strategy Fund Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were given a $0.1509 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.39%. The ex-dividend date was Thursday, June 26th. This is a positive change from First Trust Global Tactical Commodity Strategy Fund's previous quarterly dividend of $0.14.
Hedge Funds Weigh In On First Trust Global Tactical Commodity Strategy Fund
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Oarsman Capital Inc. grew its position in First Trust Global Tactical Commodity Strategy Fund by 1.9% in the 4th quarter. Oarsman Capital Inc. now owns 23,923 shares of the company's stock valued at $572,000 after buying an additional 448 shares in the last quarter. Merit Financial Group LLC boosted its position in shares of First Trust Global Tactical Commodity Strategy Fund by 2.4% during the 1st quarter. Merit Financial Group LLC now owns 20,030 shares of the company's stock valued at $511,000 after purchasing an additional 464 shares in the last quarter. Moors & Cabot Inc. boosted its position in shares of First Trust Global Tactical Commodity Strategy Fund by 2.3% during the 1st quarter. Moors & Cabot Inc. now owns 21,416 shares of the company's stock valued at $547,000 after purchasing an additional 483 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its position in shares of First Trust Global Tactical Commodity Strategy Fund by 4.4% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 11,503 shares of the company's stock valued at $275,000 after purchasing an additional 488 shares in the last quarter. Finally, Kestra Private Wealth Services LLC boosted its position in shares of First Trust Global Tactical Commodity Strategy Fund by 0.8% during the 1st quarter. Kestra Private Wealth Services LLC now owns 63,845 shares of the company's stock valued at $1,629,000 after purchasing an additional 520 shares in 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.
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