Sunbelt Securities Inc. Boosts Holdings in First Trust RBA American Industrial Renaissance ETF $AIRR

Sunbelt Securities Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 21.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,888 shares of the company’s stock after purchasing an additional 7,433 shares during the period. Sunbelt Securities Inc. owned about 0.06% of First Trust RBA American Industrial Renaissance ETF worth $4,217,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AIRR. Truvestments Capital LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter valued at $31,000. Park Square Financial Group LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $47,000. CIBC Private Wealth Group LLC lifted its stake in shares of 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 in the last quarter. Rothschild Investment LLC increased its holdings in First Trust RBA American Industrial Renaissance ETF by 39.7% during the 4th quarter. Rothschild Investment LLC now owns 510 shares of the company’s stock worth $50,000 after purchasing an additional 145 shares during the last quarter. Finally, Hazlett Burt & Watson Inc. increased its holdings in First Trust RBA American Industrial Renaissance ETF by 41.7% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 510 shares of the company’s stock worth $51,000 after purchasing an additional 150 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Up 1.3%

Shares of AIRR opened at $130.90 on Friday. The firm has a market cap of $10.43 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The business’s 50 day moving average is $126.47 and its two-hundred day moving average is $115.62. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $77.41 and a 52-week high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently disclosed 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 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. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%.

First Trust RBA American Industrial Renaissance ETF Company 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.