First Trust Alternative Absolute Return Strategy ETF (FAAR) to Distribute Quarterly Dividend of $0.14 on September 30th

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) declared a quarterly dividend on Wednesday, September 23rd. Investors of record on Thursday, September 24th will be given a dividend of $0.1372 per share on Wednesday, September 30th. This represents a $0.55 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 4.7% decrease from First Trust Alternative Absolute Return Strategy ETF’s previous quarterly dividend of $0.1440.

First Trust Alternative Absolute Return Strategy ETF Stock Up 0.2%

Shares of FAAR opened at $32.56 on Friday. First Trust Alternative Absolute Return Strategy ETF has a twelve month low of $26.73 and a twelve month high of $35.81. The stock’s 50 day moving average is $31.42 and its two-hundred day moving average is $32.58.

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.