First Trust Alternative Absolute Return Strategy ETF (FAAR) To Go Ex-Dividend on June 25th

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR – Get Free Report) declared a quarterly dividend on Wednesday, June 24th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 25th will be paid a dividend of 0.144 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Thursday, June 25th. This is a 32.5% increase from First Trust Alternative Absolute Return Strategy ETF’s previous quarterly dividend of $0.11.

First Trust Alternative Absolute Return Strategy ETF Trading Up 0.1%

Shares of NASDAQ FAAR opened at $31.73 on Friday. First Trust Alternative Absolute Return Strategy ETF has a 52 week low of $26.73 and a 52 week high of $35.81. The firm has a 50-day moving average price of $33.55 and a 200 day moving average price of $31.44.

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About First Trust Alternative Absolute Return Strategy ETF

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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.

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