First Trust Alternative Absolute Return Strategy ETF $FAAR Shares Purchased by RFG Advisory LLC

RFG Advisory LLC boosted its holdings in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 31.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,505 shares of the company’s stock after acquiring an additional 19,619 shares during the period. RFG Advisory LLC owned 1.70% of First Trust Alternative Absolute Return Strategy ETF worth $2,209,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Center For Asset Management LLC acquired a new position in First Trust Alternative Absolute Return Strategy ETF in the fourth quarter valued at approximately $3,274,000. Assetmark Inc. lifted its holdings in First Trust Alternative Absolute Return Strategy ETF by 335.0% in the fourth quarter. Assetmark Inc. now owns 648,775 shares of the company’s stock valued at $17,582,000 after acquiring an additional 499,626 shares during the last quarter. Triad Wealth Partners LLC acquired a new position in First Trust Alternative Absolute Return Strategy ETF in the fourth quarter valued at approximately $481,000. Benjamin Edwards Inc. lifted its holdings in First Trust Alternative Absolute Return Strategy ETF by 39.8% in the fourth quarter. Benjamin Edwards Inc. now owns 100,010 shares of the company’s stock valued at $2,711,000 after acquiring an additional 28,488 shares during the last quarter. Finally, HBW Advisory Services LLC acquired a new position in First Trust Alternative Absolute Return Strategy ETF in the fourth quarter valued at approximately $203,000.

First Trust Alternative Absolute Return Strategy ETF Trading Down 0.1%

FAAR opened at $33.56 on Friday. First Trust Alternative Absolute Return Strategy ETF has a one year low of $26.49 and a one year high of $35.81. The business’s 50 day moving average price is $33.32 and its 200 day moving average price is $30.68.

First Trust Alternative Absolute Return Strategy ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.1087 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.43 dividend on an annualized basis and a yield of 1.3%.

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.