First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Sets New 12-Month High – What’s Next?

Shares of First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) hit a new 52-week high on Tuesday . The stock traded as high as $25.80 and last traded at $25.62, with a volume of 257925 shares. The stock had previously closed at $25.65.

First Trust Global Tactical Commodity Strategy Fund Trading Up 0.3 %

The company’s fifty day moving average price is $24.52 and its two-hundred day moving average price is $23.76.

First Trust Global Tactical Commodity Strategy Fund Announces Dividend

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

Institutional Trading of First Trust Global Tactical Commodity Strategy Fund

A number of hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN raised its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 6.7% during the fourth quarter. Wells Fargo & Company MN now owns 36,948,435 shares of the company’s stock valued at $884,176,000 after purchasing an additional 2,326,568 shares during the period. Total Investment Management Inc. grew its position in shares of First Trust Global Tactical Commodity Strategy Fund by 3.5% during the fourth quarter. Total Investment Management Inc. now owns 1,963,530 shares of the company’s stock worth $46,987,000 after buying an additional 66,282 shares in the last quarter. Cyndeo Wealth Partners LLC grew its position in shares of First Trust Global Tactical Commodity Strategy Fund by 4.0% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 850,853 shares of the company’s stock worth $20,361,000 after buying an additional 33,089 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the fourth quarter worth approximately $18,836,000. Finally, Commonwealth Equity Services LLC boosted its holdings in First Trust Global Tactical Commodity Strategy Fund by 3.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 757,528 shares of the company’s stock worth $18,128,000 after purchasing an additional 25,009 shares during the period.

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.