Walkner Condon Financial Advisors LLC Has $684,000 Stock Holdings in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR)

Walkner Condon Financial Advisors LLC lowered its holdings in shares of First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 13.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,410 shares of the company’s stock after selling 3,705 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in First Trust Alternative Absolute Return Strategy ETF were worth $684,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Park Avenue Securities LLC boosted its stake in First Trust Alternative Absolute Return Strategy ETF by 4.3% during the fourth quarter. Park Avenue Securities LLC now owns 15,800 shares of the company’s stock worth $443,000 after acquiring an additional 647 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of First Trust Alternative Absolute Return Strategy ETF during the 2nd quarter worth about $411,000. Assetmark Inc. boosted its position in shares of First Trust Alternative Absolute Return Strategy ETF by 138.1% during the 3rd quarter. Assetmark Inc. now owns 115,762 shares of the company’s stock worth $3,222,000 after purchasing an additional 67,136 shares in the last quarter. TFB Advisors LLC grew its stake in shares of First Trust Alternative Absolute Return Strategy ETF by 26.3% in the 4th quarter. TFB Advisors LLC now owns 9,136 shares of the company’s stock valued at $256,000 after buying an additional 1,904 shares during the period. Finally, World Investment Advisors LLC bought a new stake in First Trust Alternative Absolute Return Strategy ETF in the 3rd quarter valued at about $397,000.

First Trust Alternative Absolute Return Strategy ETF Stock Up 0.1 %

FAAR stock opened at $28.94 on Friday. The stock’s 50 day simple moving average is $28.33 and its 200 day simple moving average is $28.16. First Trust Alternative Absolute Return Strategy ETF has a fifty-two week low of $27.42 and a fifty-two week high of $29.44.

First Trust Alternative Absolute Return Strategy ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders 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 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.