Shares of First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $23.92, but opened at $23.32. First Trust Global Tactical Commodity Strategy Fund shares last traded at $23.44, with a volume of 72,256 shares traded.
First Trust Global Tactical Commodity Strategy Fund Trading Down 0.6 %
The company has a fifty day moving average price of $23.64 and a two-hundred day moving average price of $23.53.
First Trust Global Tactical Commodity Strategy Fund Dividend Announcement
The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th will be issued a $0.1846 dividend. The ex-dividend date is Tuesday, December 17th.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in FTGC. Total Investment Management Inc. bought a new stake in shares of First Trust Global Tactical Commodity Strategy Fund in the 2nd quarter worth about $43,857,000. Arvest Investments Inc. grew its stake in First Trust Global Tactical Commodity Strategy Fund by 456,448.6% during the third quarter. Arvest Investments Inc. now owns 337,846 shares of the company's stock worth $8,004,000 after buying an additional 337,772 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 69.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 528,982 shares of the company's stock worth $12,648,000 after buying an additional 217,620 shares in the last quarter. Prospera Financial Services Inc raised its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 226.8% in the third quarter. Prospera Financial Services Inc now owns 287,825 shares of the company's stock valued at $6,819,000 after acquiring an additional 199,747 shares during the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 336.2% in the second quarter. Strategic Financial Concepts LLC now owns 211,182 shares of the company's stock valued at $50,000 after acquiring an additional 162,773 shares during the last quarter.
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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