First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Plans $0.33 Dividend

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) declared a dividend on Monday, December 16th,NASDAQ Dividends reports. Shareholders of record on Tuesday, December 17th will be paid a dividend of 0.3264 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Tuesday, December 17th.

First Trust Alternative Absolute Return Strategy ETF Price Performance

Shares of FAAR stock traded down $0.44 during mid-day trading on Tuesday, hitting $27.98. The company had a trading volume of 9,852 shares, compared to its average volume of 32,931. First Trust Alternative Absolute Return Strategy ETF has a 52-week low of $27.10 and a 52-week high of $29.44. The stock’s 50 day moving average price is $27.91 and its 200-day moving average price is $28.20.

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.