First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Announces Dividend of $0.24

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) announced a dividend on Wednesday, June 26th, NASDAQ reports. Stockholders of record on Thursday, June 27th will be paid a dividend of 0.2352 per share on Friday, June 28th. The ex-dividend date of this dividend is Thursday, June 27th.

First Trust Alternative Absolute Return Strategy ETF Price Performance

Shares of FAAR opened at $28.44 on Friday. The business’s 50 day moving average price is $28.46 and its 200-day moving average price is $28.28. First Trust Alternative Absolute Return Strategy ETF has a 52 week low of $26.42 and a 52 week high of $30.00.

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.