First Trust RBA American Industrial Renaissance ETF $AIRR Shares Acquired by Truist Financial Corp

Truist Financial Corp increased its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 72.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 77,427 shares of the company’s stock after buying an additional 32,401 shares during the quarter. Truist Financial Corp’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $7,486,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,065,807 shares of the company’s stock valued at $493,757,000 after purchasing an additional 220,666 shares in the last quarter. Raymond James Financial Inc. lifted its position in First Trust RBA American Industrial Renaissance ETF by 0.8% during the second quarter. Raymond James Financial Inc. now owns 1,646,699 shares of the company’s stock valued at $134,041,000 after buying an additional 13,099 shares in the last quarter. Parcion Private Wealth LLC grew its stake in First Trust RBA American Industrial Renaissance ETF by 53.8% during the second quarter. Parcion Private Wealth LLC now owns 653,750 shares of the company’s stock worth $53,215,000 after buying an additional 228,754 shares during the period. Osaic Holdings Inc. grew its stake in First Trust RBA American Industrial Renaissance ETF by 5.2% during the second quarter. Osaic Holdings Inc. now owns 528,956 shares of the company’s stock worth $43,039,000 after buying an additional 26,038 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 3.1% in the third quarter. Commonwealth Equity Services LLC now owns 442,786 shares of the company’s stock worth $42,809,000 after acquiring an additional 13,230 shares in the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 2.1%

NASDAQ:AIRR opened at $112.52 on Tuesday. The firm’s fifty day simple moving average is $104.27 and its 200 day simple moving average is $97.17. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $115.80. The firm has a market capitalization of $7.78 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.0276 dividend. The ex-dividend date of this dividend was Friday, December 12th. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. This represents a $0.11 annualized dividend and a dividend yield of 0.1%.

First Trust RBA American Industrial Renaissance ETF 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.