First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Sees Unusually-High Trading Volume – Time to Buy?

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) saw an uptick in trading volume on Tuesday . 1,086,490 shares traded hands during mid-day trading, an increase of 85% from the previous session’s volume of 586,961 shares.The stock last traded at $24.69 and had previously closed at $24.64.

First Trust Global Tactical Commodity Strategy Fund Trading Up 0.3 %

The firm has a 50-day simple moving average of $24.12 and a 200-day simple moving average of $23.58.

First Trust Global Tactical Commodity Strategy Fund Announces Dividend

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

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

Hedge funds have recently bought and sold shares of the stock. US Bancorp DE raised its holdings in shares of 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 raised its stake 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 worth $32,000 after acquiring an additional 1,160 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of First Trust Global Tactical Commodity Strategy Fund in the 4th quarter worth approximately $35,000. Brown Brothers Harriman & Co. lifted its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 301.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,600 shares of the company’s stock worth $38,000 after acquiring an additional 1,201 shares during the last quarter. Finally, Blue Trust Inc. purchased a new stake in shares of First Trust Global Tactical Commodity Strategy Fund in the 4th quarter valued at $45,000.

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.