First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) Shares Acquired by TFB Advisors LLC

TFB Advisors LLC lifted its position in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 26.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,136 shares of the company’s stock after acquiring an additional 1,904 shares during the period. TFB Advisors LLC owned 0.26% of First Trust Alternative Absolute Return Strategy ETF worth $256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FAAR. Iams Wealth Management LLC grew its stake in First Trust Alternative Absolute Return Strategy ETF by 8.0% during the 4th quarter. Iams Wealth Management LLC now owns 21,867 shares of the company’s stock valued at $612,000 after purchasing an additional 1,629 shares during the last quarter. Gateway Wealth Partners LLC boosted its position in First Trust Alternative Absolute Return Strategy ETF by 1.9% in the fourth quarter. Gateway Wealth Partners LLC now owns 22,216 shares of the company’s stock valued at $622,000 after buying an additional 411 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in First Trust Alternative Absolute Return Strategy ETF by 49.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 14,345 shares of the company’s stock worth $402,000 after buying an additional 4,739 shares during the period. Park Avenue Securities LLC raised its position in First Trust Alternative Absolute Return Strategy ETF by 4.3% during the 4th quarter. Park Avenue Securities LLC now owns 15,800 shares of the company’s stock worth $443,000 after buying an additional 647 shares during the last quarter. Finally, World Investment Advisors LLC acquired a new stake in First Trust Alternative Absolute Return Strategy ETF during the 3rd quarter valued at approximately $397,000.

First Trust Alternative Absolute Return Strategy ETF Stock Up 0.0 %

FAAR stock opened at $28.92 on Thursday. The firm’s fifty day simple moving average is $28.31 and its 200-day simple moving average is $28.15. First Trust Alternative Absolute Return Strategy ETF has a 12 month low of $27.42 and a 12 month high of $29.44.

First Trust Alternative Absolute Return Strategy ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were given a dividend of $0.3264 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.