LPL Financial LLC boosted its holdings in First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) by 30.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,547 shares of the company’s stock after purchasing an additional 4,590 shares during the period. LPL Financial LLC owned approximately 0.07% of First Trust Alternative Absolute Return Strategy ETF worth $574,000 at the end of the most recent reporting period.

Separately, First Allied Advisory Services Inc. bought a new stake in First Trust Alternative Absolute Return Strategy ETF in the fourth quarter worth $235,000.

How to Become a New Pot Stock Millionaire

First Trust Alternative Absolute Return Strategy ETF stock opened at $29.41 on Tuesday. First Trust Alternative Absolute Return Strategy ETF has a twelve month low of $27.00 and a twelve month high of $34.79.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Friday, March 23rd were paid a $0.0118 dividend. This represents a $0.05 annualized dividend and a yield of 0.16%. The ex-dividend date of this dividend was Thursday, March 22nd.

ILLEGAL ACTIVITY NOTICE: “LPL Financial LLC Acquires 4,590 Shares of First Trust Alternative Absolute Return Strategy ETF (FAAR)” was reported by Daily Political and is owned by of Daily Political. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://www.dailypolitical.com/2018/04/17/lpl-financial-llc-acquires-4590-shares-of-first-trust-alternative-absolute-return-strategy-etf-faar.html.

Want to see what other hedge funds are holding FAAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR).

Receive News & Ratings for First Trust Alternative Absolute Return Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Alternative Absolute Return Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.