First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Sets New 52-Week High – Here’s What Happened

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC)’s stock price hit a new 52-week high on Monday . The company traded as high as $25.44 and last traded at $25.47, with a volume of 27787 shares traded. The stock had previously closed at $25.23.

First Trust Global Tactical Commodity Strategy Fund Price Performance

The firm’s 50 day moving average price is $24.33 and its two-hundred day moving average price is $23.67.

First Trust Global Tactical Commodity Strategy Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were paid a $0.1846 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On First Trust Global Tactical Commodity Strategy Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new position in shares of First Trust Global Tactical Commodity Strategy Fund in the fourth quarter valued at $25,000. US Bancorp DE grew its holdings in First Trust Global Tactical Commodity Strategy Fund by 84.5% during the 3rd quarter. US Bancorp DE now owns 1,118 shares of the company’s stock valued at $26,000 after buying an additional 512 shares in the last quarter. AlphaMark Advisors LLC increased its position in shares of First Trust Global Tactical Commodity Strategy Fund by 627.0% during the fourth quarter. AlphaMark Advisors LLC now owns 1,345 shares of the company’s stock valued at $32,000 after buying an additional 1,160 shares during the period. Geneos Wealth Management Inc. bought a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the fourth quarter valued at about $35,000. Finally, Brown Brothers Harriman & Co. lifted its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 301.0% in the third quarter. Brown Brothers Harriman & Co. now owns 1,600 shares of the company’s stock worth $38,000 after buying an additional 1,201 shares in the last quarter.

First Trust Global Tactical Commodity Strategy Fund Company Profile

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.