First Trust Alternative Absolute Return Strategy ETF (FAAR) To Go Ex-Dividend on March 27th

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 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, March 27th.

First Trust Alternative Absolute Return Strategy ETF Trading Down 1.1 %

First Trust Alternative Absolute Return Strategy ETF stock opened at $28.63 on Friday. The company’s 50 day moving average is $28.49 and its two-hundred day moving average is $28.17. First Trust Alternative Absolute Return Strategy ETF has a 52-week low of $27.42 and a 52-week high of $31.10.

About First Trust Alternative Absolute Return Strategy ETF

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.