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

WealthBridge Capital Management LLC increased its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 13.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,898 shares of the company’s stock after acquiring an additional 5,789 shares during the quarter. First Trust RBA American Industrial Renaissance ETF comprises about 1.1% of WealthBridge Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. WealthBridge Capital Management LLC owned about 0.07% of First Trust RBA American Industrial Renaissance ETF worth $4,709,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in AIRR. Armstrong Advisory Group Inc. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter valued at approximately $33,000. Hazlett Burt & Watson Inc. grew its holdings in shares of 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 worth $36,000 after purchasing an additional 240 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 107.4% during the third quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock valued at $49,000 after purchasing an additional 260 shares during the last quarter. Main Street Group LTD bought a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at about $64,000. Finally, Founders Financial Alliance LLC bought a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at approximately $80,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.1%

Shares of NASDAQ AIRR opened at $113.43 on Wednesday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $61.02 and a twelve month high of $123.54. The stock has a market cap of $8.62 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The company’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 firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.0668 per share. This is a boost 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 annualized dividend and a yield of 0.2%.

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.