WealthBridge Capital Management LLC Purchases 5,789 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

WealthBridge Capital Management LLC increased its stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 13.7% during the fourth quarter, Holdings Channel reports. The firm owned 47,898 shares of the company’s stock after acquiring an additional 5,789 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up approximately 1.1% of WealthBridge Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. WealthBridge Capital Management LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $4,709,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Armstrong Advisory Group Inc. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth about $33,000. Hazlett Burt & Watson Inc. boosted its position in First Trust RBA American Industrial Renaissance ETF by 200.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after acquiring an additional 240 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 107.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after buying an additional 260 shares in the last quarter. Main Street Group LTD bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $64,000. Finally, Founders Financial Alliance LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth about $80,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.1%

Shares of AIRR opened at $113.43 on Wednesday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $61.02 and a 12-month high of $123.54. The stock has a market cap of $8.62 billion, a P/E ratio of 21.40 and a beta of 1.27. The business’s fifty day moving average is $114.46 and its 200 day moving average is $105.18.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.