First Trust RBA American Industrial Renaissance ETF $AIRR Shares Acquired by LPL Financial LLC

LPL Financial LLC lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 12.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,570,226 shares of the company’s stock after purchasing an additional 490,347 shares during the period. LPL Financial LLC owned 0.07% of First Trust RBA American Industrial Renaissance ETF worth $449,345,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AIRR. Park Square Financial Group LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $47,000. 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 purchasing an additional 260 shares during the last quarter. Rothschild Investment LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 39.7% during the 4th quarter. Rothschild Investment LLC now owns 510 shares of the company’s stock worth $50,000 after purchasing an additional 145 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 41.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 510 shares of the company’s stock worth $51,000 after purchasing an additional 150 shares during the last quarter. Finally, Main Street Group LTD acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth approximately $64,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $128.14 on Tuesday. The stock has a market cap of $10.21 billion, a P/E ratio of 21.40 and a beta of 1.27. The stock’s 50 day simple moving average is $123.74 and its 200-day simple moving average is $113.77. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $77.16 and a 1-year high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

About First Trust RBA American Industrial Renaissance ETF

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.