First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Acquired by Mutual Advisors LLC

Mutual Advisors LLC lifted its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 12.4% in the third quarter, HoldingsChannel reports. The firm owned 25,436 shares of the company’s stock after buying an additional 2,803 shares during the quarter. Mutual Advisors LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,937,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Carolinas Wealth Consulting LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at about $29,000. Concourse Financial Group Securities Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 80.4% in the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock valued at $53,000 after acquiring an additional 348 shares in the last quarter. ORG Partners LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter worth approximately $194,000. Register Financial Advisors LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $199,000. Finally, Accel Wealth Management purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 2nd quarter valued at approximately $204,000.

First Trust RBA American Industrial Renaissance ETF Trading Down 2.1 %

First Trust RBA American Industrial Renaissance ETF stock opened at $74.49 on Friday. The company has a fifty day simple moving average of $73.58 and a 200-day simple moving average of $70.66. The stock has a market cap of $1.80 billion, a P/E ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 12-month low of $46.71 and a 12-month high of $78.00.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.0419 per share. This represents a $0.17 dividend on an annualized basis and a yield of 0.22%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, September 26th.

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.