The iShares GSCI Commodity Dynamic Roll Strategy ETF (NASDAQ: COMT) announced the distribution of its yearly dividend on Monday, December 12. A dividend of $8.398 per share, payable on December 19, will be given to stockholders with records as of December 14. This represents a yield of 30.25%. The ex-dividend date for this dividend is Tuesday, December 13. This is more than the iShares GSCI Commodity Dynamic Roll Strategy ETF’s annual dividend of $5.49.
The company’s stock has recently been acquired and sold by hedge funds. PNC Financial Services Group Inc. grew its stake in the iShares GSCI Commodity Dynamic Roll Strategy ETF by 157.3% during the first quarter. Throughout the period, PNC Financial Services Group Inc. grew its share count by 549 shares, to 898, for a total transaction value of $36,000. Verition Fund Management LLC made about $308,000 in investments in the…
