First Trust RBA American Industrial Renaissance ETF $AIRR Shares Acquired by Stonebridge Financial Planning Group LLC

Stonebridge Financial Planning Group LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 46.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,366 shares of the company’s stock after purchasing an additional 4,537 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Guerra Pan Advisors LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 0.8% during the fourth quarter. Guerra Pan Advisors LLC now owns 13,537 shares of the company’s stock worth $1,331,000 after buying an additional 108 shares during the period. Archford Capital Strategies LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 2.0% during the fourth quarter. Archford Capital Strategies LLC now owns 5,727 shares of the company’s stock worth $563,000 after buying an additional 110 shares during the period. Summit Investment Advisory Services LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 5.6% during the fourth quarter. Summit Investment Advisory Services LLC now owns 2,409 shares of the company’s stock worth $237,000 after buying an additional 127 shares during the period. Global View Capital Management LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 1.5% during the third quarter. Global View Capital Management LLC now owns 9,021 shares of the company’s stock valued at $872,000 after purchasing an additional 129 shares during the period. Finally, Integrity Wealth Advisors Inc. lifted its position in First Trust RBA American Industrial Renaissance ETF by 4.7% during the third quarter. Integrity Wealth Advisors Inc. now owns 2,938 shares of the company’s stock valued at $284,000 after purchasing an additional 133 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $129.48 on Thursday. The company has a market capitalization of $10.32 billion, a PE ratio of 21.40 and a beta of 1.29. The company has a fifty day moving average of $118.02 and a 200 day moving average of $109.97. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $74.09 and a 1 year high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were given a dividend of $0.0668 per share. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, March 26th.

First Trust RBA American Industrial Renaissance ETF Company Profile

The First Trust RBA American Industrial RenaissanceTM ETF (AIRR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks a multifactor-selected index of equities that can benefit from potential regain in market share of US industrial and community banking sector. AIRR was launched on Mar 10, 2014 and is managed by First Trust.