Royal Bank of Canada Trims Holdings in First Trust Alerian U.S. NextGen Infrastructure ETF $RBLD

Royal Bank of Canada trimmed its position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF (NYSEARCA:RBLD) by 81.1% during the 1st quarter, Holdings Channel reports. The firm owned 3,041 shares of the company’s stock after selling 13,054 shares during the period. Royal Bank of Canada’s holdings in First Trust Alerian U.S. NextGen Infrastructure ETF were worth $246,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in RBLD. Harbour Investments Inc. boosted its stake in shares of First Trust Alerian U.S. NextGen Infrastructure ETF by 375.0% during the fourth quarter. Harbour Investments Inc. now owns 380 shares of the company’s stock valued at $28,000 after purchasing an additional 300 shares during the period. Osaic Holdings Inc. boosted its position in First Trust Alerian U.S. NextGen Infrastructure ETF by 87.0% during the 2nd quarter. Osaic Holdings Inc. now owns 430 shares of the company’s stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in First Trust Alerian U.S. NextGen Infrastructure ETF in the fourth quarter valued at about $34,000. Raymond James Financial Inc. purchased a new position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF in the 2nd quarter worth approximately $212,000. Finally, Sterling Investment Advisors Ltd. purchased a new position in First Trust Alerian U.S. NextGen Infrastructure ETF in the first quarter worth $292,000.

First Trust Alerian U.S. NextGen Infrastructure ETF Stock Performance

Shares of RBLD opened at $86.11 on Friday. First Trust Alerian U.S. NextGen Infrastructure ETF has a fifty-two week low of $72.51 and a fifty-two week high of $91.07. The company has a market capitalization of $55.97 million, a P/E ratio of 22.48 and a beta of 0.86. The business’s 50-day moving average is $88.43 and its two-hundred day moving average is $86.54.

About First Trust Alerian U.S. NextGen Infrastructure ETF

The fund will normally invest at least 90% of its net assets in the common stocks and real estate investment trusts (“ REITs ”) that comprise the index. The index seeks to provide exposure to U.S. infrastructure companies with securities listed on recognized U.S. securities exchanges that build, operate and own infrastructure assets.