First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Plans Quarterly Dividend of $0.11

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) announced a quarterly dividend on Wednesday, March 25th, NASDAQ Dividends reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.1087 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, March 26th.

First Trust Alternative Absolute Return Strategy ETF Stock Down 0.2%

FAAR stock traded down $0.06 during mid-day trading on Thursday, reaching $33.16. The company’s stock had a trading volume of 33,700 shares, compared to its average volume of 29,603. The company’s 50 day moving average is $30.67 and its two-hundred day moving average is $29.97. First Trust Alternative Absolute Return Strategy ETF has a fifty-two week low of $25.19 and a fifty-two week high of $34.34.

First Trust Alternative Absolute Return Strategy ETF Company Profile

The First Trust Alternative Absolute Return Strategy ETF (FAAR) is an exchange-traded fund that is based on the db Liquid Commodity index. The fund is an actively-managed fund that, through a subsidiary, provides broad long\u002Fshort exposure to commodity futures contracts. FAAR was launched on May 18, 2016 and is managed by First Trust.