First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Declares Quarterly Dividend of $0.15

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) announced a quarterly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be paid a dividend of 0.1533 per share on Monday, March 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date is Thursday, March 27th.

First Trust Alternative Absolute Return Strategy ETF Trading Down 1.1 %

Shares of FAAR stock opened at $28.63 on Friday. First Trust Alternative Absolute Return Strategy ETF has a 12 month low of $27.42 and a 12 month high of $31.10. The firm has a fifty day moving average price of $28.49 and a 200 day moving average price of $28.17.

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.