First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) to Issue Dividend of $0.33

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

First Trust Alternative Absolute Return Strategy ETF Price Performance

NASDAQ:FAAR opened at $27.98 on Wednesday. The business’s 50-day moving average is $27.92 and its two-hundred day moving average is $28.20. First Trust Alternative Absolute Return Strategy ETF has a 12 month low of $27.10 and a 12 month high of $29.44.

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.