Flow Traders U.S. LLC Acquires Shares of 21,805 First Trust Alternative Absolute Return Strategy ETF $FAAR

Flow Traders U.S. LLC acquired a new stake in shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 21,805 shares of the company’s stock, valued at approximately $605,000. Flow Traders U.S. LLC owned 0.61% of First Trust Alternative Absolute Return Strategy ETF as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Benjamin Edwards Inc. grew its holdings in First Trust Alternative Absolute Return Strategy ETF by 47.5% during the 1st quarter. Benjamin Edwards Inc. now owns 41,384 shares of the company’s stock valued at $1,197,000 after purchasing an additional 13,326 shares in the last quarter. TFB Advisors LLC boosted its position in First Trust Alternative Absolute Return Strategy ETF by 43.0% in the 1st quarter. TFB Advisors LLC now owns 13,065 shares of the company’s stock valued at $378,000 after buying an additional 3,929 shares during the last quarter. CreativeOne Wealth LLC boosted its position in First Trust Alternative Absolute Return Strategy ETF by 7.5% in the 1st quarter. CreativeOne Wealth LLC now owns 51,878 shares of the company’s stock valued at $1,500,000 after buying an additional 3,600 shares during the last quarter. Pinnacle Family Advisors LLC grew its stake in shares of First Trust Alternative Absolute Return Strategy ETF by 1.6% during the first quarter. Pinnacle Family Advisors LLC now owns 26,786 shares of the company’s stock valued at $775,000 after acquiring an additional 410 shares in the last quarter. Finally, Coppell Advisory Solutions LLC increased its position in shares of First Trust Alternative Absolute Return Strategy ETF by 324.5% during the first quarter. Coppell Advisory Solutions LLC now owns 185,248 shares of the company’s stock worth $4,959,000 after acquiring an additional 141,611 shares during the last quarter.

First Trust Alternative Absolute Return Strategy ETF Trading Up 0.2%

NASDAQ:FAAR opened at $30.15 on Thursday. First Trust Alternative Absolute Return Strategy ETF has a one year low of $25.19 and a one year high of $33.42. The business’s 50-day simple moving average is $30.31 and its 200 day simple moving average is $29.33.

First Trust Alternative Absolute Return Strategy ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.1759 per share. This is an increase from First Trust Alternative Absolute Return Strategy ETF’s previous quarterly dividend of $0.18. The ex-dividend date was Thursday, September 25th. This represents a $0.70 annualized dividend and a dividend yield of 2.3%.

First Trust Alternative Absolute Return Strategy ETF 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.