Atria Wealth Solutions Inc. Lowers Position in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

Atria Wealth Solutions Inc. cut its stake in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAARFree Report) by 7.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 56,217 shares of the company’s stock after selling 4,560 shares during the quarter. Atria Wealth Solutions Inc. owned about 0.94% of First Trust Alternative Absolute Return Strategy ETF worth $1,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. 1776 Wealth LLC increased its holdings in First Trust Alternative Absolute Return Strategy ETF by 4.7% during the 2nd quarter. 1776 Wealth LLC now owns 13,179 shares of the company’s stock worth $371,000 after acquiring an additional 590 shares during the period. Assetmark Inc. raised its position in shares of First Trust Alternative Absolute Return Strategy ETF by 258.3% in the third quarter. Assetmark Inc. now owns 15,517 shares of the company’s stock worth $445,000 after buying an additional 11,186 shares in the last quarter. Prospera Financial Services Inc boosted its stake in First Trust Alternative Absolute Return Strategy ETF by 5.2% during the second quarter. Prospera Financial Services Inc now owns 125,014 shares of the company’s stock valued at $3,525,000 after buying an additional 6,147 shares during the period. Bank of New York Mellon Corp grew its position in First Trust Alternative Absolute Return Strategy ETF by 3.6% during the second quarter. Bank of New York Mellon Corp now owns 124,863 shares of the company’s stock worth $3,516,000 after buying an additional 4,334 shares in the last quarter. Finally, RFG Advisory LLC grew its position in First Trust Alternative Absolute Return Strategy ETF by 2.8% during the third quarter. RFG Advisory LLC now owns 13,840 shares of the company’s stock worth $397,000 after buying an additional 371 shares in the last quarter.

First Trust Alternative Absolute Return Strategy ETF Stock Up 0.0 %

NASDAQ:FAAR opened at $28.53 on Monday. First Trust Alternative Absolute Return Strategy ETF has a twelve month low of $25.85 and a twelve month high of $30.75. The business’s 50-day moving average price is $27.65 and its two-hundred day moving average price is $28.19.

First Trust Alternative Absolute Return Strategy ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Monday, December 18th were given a dividend of $0.2566 per share. The ex-dividend date was Friday, December 15th. This represents a $1.03 annualized dividend and a yield of 3.60%.

First Trust Alternative Absolute Return Strategy ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

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