Cambridge Advisors Inc. Acquires 5,944 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Cambridge Advisors Inc. increased its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 64.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,149 shares of the company’s stock after acquiring an additional 5,944 shares during the period. Cambridge Advisors Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,489,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. WealthBridge Capital Management LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 13.7% during the 4th quarter. WealthBridge Capital Management LLC now owns 47,898 shares of the company’s stock worth $4,709,000 after acquiring an additional 5,789 shares during the last quarter. Sound Income Strategies LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $82,000. Sowell Financial Services LLC grew its position in First Trust RBA American Industrial Renaissance ETF by 4.9% during the 4th quarter. Sowell Financial Services LLC now owns 10,693 shares of the company’s stock worth $1,051,000 after acquiring an additional 497 shares during the last quarter. Accel Wealth Management grew its position in First Trust RBA American Industrial Renaissance ETF by 44.5% during the 4th quarter. Accel Wealth Management now owns 11,146 shares of the company’s stock worth $1,096,000 after acquiring an additional 3,433 shares during the last quarter. Finally, Savvy Advisors Inc. bought a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth approximately $302,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $113.43 on Wednesday. The firm has a market capitalization of $8.62 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The business’s fifty day moving average price is $114.46 and its two-hundred day moving average price is $105.18. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $61.02 and a 52 week high of $123.54.

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 given a $0.0668 dividend. This represents a $0.27 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Thursday, March 26th. This is a positive change 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.