Cascade Financial Partners LLC Increases Position in First Trust RBA American Industrial Renaissance ETF $AIRR

Cascade Financial Partners LLC grew its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 8.1% during the fourth quarter, Holdings Channel reports. The firm owned 56,561 shares of the company’s stock after acquiring an additional 4,255 shares during the quarter. Cascade Financial Partners LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,561,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Fearless Solutions LLC dba Best Invest increased its stake in First Trust RBA American Industrial Renaissance ETF by 51.6% in the 4th quarter. Fearless Solutions LLC dba Best Invest now owns 22,018 shares of the company’s stock valued at $2,165,000 after buying an additional 7,490 shares during the period. Bank of America Corp DE increased its stake in First Trust RBA American Industrial Renaissance ETF by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after buying an additional 1,036,237 shares during the period. Daymark Wealth Partners LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 19.5% in the 4th quarter. Daymark Wealth Partners LLC now owns 74,380 shares of the company’s stock valued at $7,313,000 after buying an additional 12,127 shares during the period. Cambridge Advisors Inc. increased its stake in First Trust RBA American Industrial Renaissance ETF by 64.6% in the 4th quarter. Cambridge Advisors Inc. now owns 15,149 shares of the company’s stock valued at $1,489,000 after buying an additional 5,944 shares during the period. Finally, Comprehensive Wealth Management LLC increased its stake in First Trust RBA American Industrial Renaissance ETF by 36.8% in the 3rd quarter. Comprehensive Wealth Management LLC now owns 73,274 shares of the company’s stock valued at $7,084,000 after buying an additional 19,714 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $127.76 on Monday. The stock has a market capitalization of $10.18 billion, a P/E ratio of 21.40 and a beta of 1.29. The company’s fifty day moving average is $118.50 and its two-hundred day moving average is $110.39. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $74.09 and a 1 year high of $133.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were paid a $0.0668 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.27 annualized dividend 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 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.