First Trust Global Tactical Commodity Strategy Fund (FTGC) to Distribute Quarterly Dividend of $0.17 on June 30th

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) declared a quarterly dividend on Wednesday, June 24th. Investors of record on Thursday, June 25th will be given a dividend of 0.1691 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Global Tactical Commodity Strategy Fund Stock Performance

NASDAQ:FTGC opened at $27.03 on Friday. First Trust Global Tactical Commodity Strategy Fund has a 12-month low of $22.70 and a 12-month high of $30.65. The stock’s 50 day moving average price is $28.86 and its two-hundred day moving average price is $26.88.

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

Hedge funds have recently added to or reduced their stakes in the business. Choice Wealth Advisors LLC increased its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 2.3% during the fourth quarter. Choice Wealth Advisors LLC now owns 296,080 shares of the company’s stock worth $6,878,000 after purchasing an additional 6,742 shares during the period. Cyndeo Wealth Partners LLC increased its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 4.5% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 944,969 shares of the company’s stock valued at $21,952,000 after purchasing an additional 41,105 shares during the last quarter. TrueWealth Advisors LLC acquired a new position in First Trust Global Tactical Commodity Strategy Fund during the fourth quarter worth about $353,000. Puff Wealth Management LLC lifted its stake in First Trust Global Tactical Commodity Strategy Fund by 7.1% in the 4th quarter. Puff Wealth Management LLC now owns 22,971 shares of the company’s stock valued at $534,000 after purchasing an additional 1,524 shares during the last quarter. Finally, City Center Advisors LLC boosted its position in First Trust Global Tactical Commodity Strategy Fund by 6.4% in the fourth quarter. City Center Advisors LLC now owns 19,178 shares of the company’s stock valued at $446,000 after buying an additional 1,157 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. FTGC was launched on Oct 23, 2013 and is managed by First Trust.