First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Shares Purchased by Parkside Investments LLC

Parkside Investments LLC boosted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 38.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 162,635 shares of the company’s stock after buying an additional 45,366 shares during the quarter. First Trust RBA American Industrial Renaissance ETF makes up 1.6% of Parkside Investments LLC’s holdings, making the stock its 19th biggest position. Parkside Investments LLC owned about 0.36% of First Trust RBA American Industrial Renaissance ETF worth $11,093,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AIRR. Stonebridge Financial Group LLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth about $45,000. Kickstand Ventures LLC. acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth about $1,913,000. Pictet North America Advisors SA raised its position in shares of First Trust RBA American Industrial Renaissance ETF by 56.7% in the fourth quarter. Pictet North America Advisors SA now owns 260,420 shares of the company’s stock worth $20,063,000 after acquiring an additional 94,254 shares during the period. Nations Financial Group Inc. IA ADV purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $267,000. Finally, Puff Wealth Management LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $2,726,000.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.3%

AIRR stock opened at $78.48 on Friday. The stock has a market capitalization of $3.54 billion, a P/E ratio of 21.06 and a beta of 1.25. The firm has a 50-day simple moving average of $72.88 and a 200-day simple moving average of $75.34. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.075 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.38%. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04.

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.