First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Sees Unusually-High Trading Volume

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 1,712,519 shares traded hands during trading, an increase of 134% from the previous session's volume of 731,670 shares.The stock last traded at $24.47 and had previously closed at $24.39.

First Trust Global Tactical Commodity Strategy Fund Stock Performance

The company's 50 day moving average price is $23.40 and its 200 day moving average price is $23.26.

First Trust Global Tactical Commodity Strategy Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.164 per share. The ex-dividend date was Thursday, March 21st. This represents a $0.66 annualized dividend and a dividend yield of 2.68%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Wells Fargo & Company MN grew its stake in First Trust Global Tactical Commodity Strategy Fund by 14.3% in the 2nd quarter. Wells Fargo & Company MN now owns 26,518,006 shares of the company's stock valued at $603,815,000 after buying an additional 3,324,181 shares during the last quarter. First Trust Advisors LP grew its stake in First Trust Global Tactical Commodity Strategy Fund by 54,668.2% in the 4th quarter. First Trust Advisors LP now owns 5,143,286 shares of the company's stock valued at $115,415,000 after buying an additional 5,133,895 shares during the last quarter. Royal Bank of Canada grew its stake in First Trust Global Tactical Commodity Strategy Fund by 65.4% in the 1st quarter. Royal Bank of Canada now owns 4,695,886 shares of the company's stock valued at $133,504,000 after buying an additional 1,856,281 shares during the last quarter. Stifel Financial Corp grew its stake in First Trust Global Tactical Commodity Strategy Fund by 11.7% in the 1st quarter. Stifel Financial Corp now owns 1,856,657 shares of the company's stock valued at $43,613,000 after buying an additional 194,453 shares during the last quarter. Finally, Miracle Mile Advisors LLC grew its stake in First Trust Global Tactical Commodity Strategy Fund by 4.2% in the 3rd quarter. Miracle Mile Advisors LLC now owns 1,825,247 shares of the company's stock valued at $43,806,000 after buying an additional 73,010 shares during the last quarter.

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.