OneDigital Investment Advisors LLC Makes New Investment in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

OneDigital Investment Advisors LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,725 shares of the company’s stock, valued at approximately $210,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Stifel Financial Corp grew its position in First Trust RBA American Industrial Renaissance ETF by 53.6% during the fourth quarter. Stifel Financial Corp now owns 161,032 shares of the company’s stock valued at $12,407,000 after buying an additional 56,211 shares during the period. MML Investors Services LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 6.9% during the 4th quarter. MML Investors Services LLC now owns 141,332 shares of the company’s stock worth $10,888,000 after acquiring an additional 9,153 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at $262,000. Frederick Financial Consultants LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 4th quarter worth $6,556,000. Finally, Concourse Financial Group Securities Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 220.5% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 6,454 shares of the company’s stock worth $543,000 after purchasing an additional 4,440 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

NASDAQ AIRR opened at $69.97 on Wednesday. The business’s fifty day moving average is $68.70 and its 200 day moving average is $76.14. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $59.22 and a fifty-two week high of $86.95. The company has a market capitalization of $3.15 billion, a PE ratio of 19.02 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.075 per share. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date was Thursday, March 27th.

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.