First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) traded up 0.8% on Thursday . The stock traded as high as $24.86 and last traded at $24.72. 246,372 shares changed hands during trading, a decline of 48% from the average session volume of 473,271 shares. The stock had previously closed at $24.52.
First Trust Global Tactical Commodity Strategy Fund Trading Up 0.4%
The firm has a fifty day simple moving average of $24.34 and a two-hundred day simple moving average of $24.56.
First Trust Global Tactical Commodity Strategy Fund Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a dividend of $0.1417 per share. This represents a $0.57 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend was Thursday, March 27th.
Hedge Funds Weigh In On First Trust Global Tactical Commodity Strategy Fund
Institutional investors and hedge funds have recently bought and sold shares of the company. SBI Securities Co. Ltd. bought a new position in First Trust Global Tactical Commodity Strategy Fund during the fourth quarter valued at $25,000. CX Institutional purchased a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the first quarter worth $29,000. Blue Trust Inc. purchased a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the fourth quarter worth $45,000. Mechanics Financial Corp purchased a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the fourth quarter worth $48,000. Finally, Ameriflex Group Inc. purchased a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the fourth quarter worth $50,000.
About First Trust Global Tactical Commodity Strategy Fund
(
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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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