First Trust RBA American Industrial Renaissance ETF $AIRR Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 120,410 shares of the company’s stock after purchasing an additional 10,105 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.18% of First Trust RBA American Industrial Renaissance ETF worth $11,839,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Armstrong Advisory Group Inc. acquired a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the third quarter worth $33,000. Hazlett Burt & Watson Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 200.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 360 shares of the company’s stock valued at $36,000 after buying an additional 240 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 107.4% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 502 shares of the company’s stock valued at $49,000 after acquiring an additional 260 shares during the period. Main Street Group LTD acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at $64,000. Finally, Founders Financial Alliance LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth $80,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of AIRR stock opened at $112.87 on Friday. The business has a fifty day moving average of $114.43 and a 200 day moving average of $104.83. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $59.22 and a 1 year high of $123.54. The firm has a market capitalization of $8.53 billion, a price-to-earnings ratio of 21.40 and a beta of 1.29.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.