Lane Brothers & Co. Inc. Purchases Shares of 31,256 First Trust RBA American Industrial Renaissance ETF $AIRR

Lane Brothers & Co. Inc. purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 31,256 shares of the company’s stock, valued at approximately $3,073,000. First Trust RBA American Industrial Renaissance ETF comprises about 2.2% of Lane Brothers & Co. Inc.’s investment portfolio, making the stock its 12th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Sankala Group LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the fourth quarter worth approximately $25,000. Truvestments Capital LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at approximately $31,000. Park Square Financial Group LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the fourth quarter valued at approximately $47,000. CIBC Private Wealth Group LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 107.4% in the third quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock worth $49,000 after acquiring an additional 260 shares during the period. Finally, Rothschild Investment LLC raised its position in First Trust RBA American Industrial Renaissance ETF by 39.7% in the fourth quarter. Rothschild Investment LLC now owns 510 shares of the company’s stock worth $50,000 after acquiring an additional 145 shares during the period.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $130.90 on Friday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $77.41 and a 1-year high of $133.50. The company’s fifty day simple moving average is $126.71 and its 200-day simple moving average is $115.73. The stock has a market capitalization of $10.43 billion, a PE ratio of 21.40 and a beta of 1.27.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were issued a $0.0668 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.