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

LPL Financial LLC raised its position in 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. The fund owned 4,570,226 shares of the company’s stock after buying an additional 490,347 shares during the period. LPL Financial LLC owned about 6.56% of First Trust RBA American Industrial Renaissance ETF worth $449,345,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 2,619.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after buying an additional 10,198,584 shares during the last quarter. Bank of America Corp DE boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after buying an additional 1,036,237 shares during the last quarter. UBS Group AG boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 9.9% in the 4th quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock worth $207,215,000 after buying an additional 189,674 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 10.3% in the 3rd quarter. Raymond James Financial Inc. now owns 1,816,953 shares of the company’s stock worth $175,663,000 after buying an additional 170,254 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 0.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 992,070 shares of the company’s stock worth $97,540,000 after buying an additional 5,833 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.1%

AIRR stock opened at $128.14 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $77.16 and a 12-month high of $133.50. The stock has a market cap of $10.21 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The business’s 50-day moving average is $123.74 and its 200 day moving average is $113.77.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0668 dividend. This represents a $0.27 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, March 26th. This is a positive change 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.