Gaddis Premier Wealth Advisors LLC Makes New Investment in First Trust RBA American Industrial Renaissance ETF $AIRR

Gaddis Premier Wealth Advisors LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,777 shares of the company’s stock, valued at approximately $4,796,000. First Trust RBA American Industrial Renaissance ETF makes up about 3.6% of Gaddis Premier Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Gaddis Premier Wealth Advisors LLC owned approximately 0.07% of First Trust RBA American Industrial Renaissance ETF as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Fearless Solutions LLC dba Best Invest lifted its stake in First Trust RBA American Industrial Renaissance ETF by 51.6% during the fourth quarter. Fearless Solutions LLC dba Best Invest now owns 22,018 shares of the company’s stock worth $2,165,000 after purchasing an additional 7,490 shares in the last quarter. Bank of America Corp DE lifted its stake in First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares in the last quarter. Mach 1 Financial Group LLC acquired a new position in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth $5,248,000. Daymark Wealth Partners LLC lifted its stake in First Trust RBA American Industrial Renaissance ETF by 19.5% during the fourth quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock worth $7,313,000 after purchasing an additional 12,127 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. acquired a new position in First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth $685,000.

First Trust RBA American Industrial Renaissance ETF Stock Up 0.1%

NASDAQ:AIRR opened at $128.14 on Tuesday. The stock’s fifty day moving average is $123.74 and its two-hundred day moving average is $113.77. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $77.16 and a 52 week high of $133.50. The stock has a market capitalization of $10.21 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a dividend of $0.0668 per share. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, March 26th.

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.