Atria Investments Inc Has $500,000 Stock Position in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

Atria Investments Inc decreased its holdings in shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 4.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,982 shares of the company’s stock after selling 834 shares during the period. Atria Investments Inc owned about 0.51% of First Trust Alternative Absolute Return Strategy ETF worth $500,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Assetmark Inc. boosted its holdings in shares of First Trust Alternative Absolute Return Strategy ETF by 138.1% in the 3rd quarter. Assetmark Inc. now owns 115,762 shares of the company’s stock worth $3,222,000 after acquiring an additional 67,136 shares in the last quarter. TFB Advisors LLC bought a new position in First Trust Alternative Absolute Return Strategy ETF in the 3rd quarter valued at $201,000. Focus Financial Network Inc. boosted its stake in First Trust Alternative Absolute Return Strategy ETF by 8.1% in the third quarter. Focus Financial Network Inc. now owns 13,926 shares of the company’s stock worth $388,000 after purchasing an additional 1,040 shares in the last quarter. Iams Wealth Management LLC grew its holdings in shares of First Trust Alternative Absolute Return Strategy ETF by 36.2% during the third quarter. Iams Wealth Management LLC now owns 20,238 shares of the company’s stock worth $563,000 after purchasing an additional 5,375 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of First Trust Alternative Absolute Return Strategy ETF in the second quarter valued at $411,000.

First Trust Alternative Absolute Return Strategy ETF Stock Down 0.2 %

Shares of FAAR opened at $27.78 on Thursday. The stock’s fifty day simple moving average is $27.88 and its 200-day simple moving average is $28.23. 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 Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.201 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.89%.

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.