Good Life Advisors LLC Raises Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Good Life Advisors LLC boosted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 28.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,375 shares of the company’s stock after purchasing an additional 3,175 shares during the quarter. Good Life Advisors LLC owned approximately 0.06% of First Trust RBA American Industrial Renaissance ETF worth $1,073,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Global Assets Advisory LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the first quarter worth $34,255,000. LPL Financial LLC increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 48.6% in the 2nd quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock worth $103,564,000 after purchasing an additional 495,941 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of First Trust RBA American Industrial Renaissance ETF by 97.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock valued at $30,100,000 after purchasing an additional 217,241 shares in the last quarter. Pictet North America Advisors SA bought a new position in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter worth about $7,270,000. Finally, Riggs Asset Managment Co. Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 135.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 170,296 shares of the company’s stock worth $11,466,000 after purchasing an additional 98,065 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.1 %

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $77.66 on Friday. The business has a 50-day moving average price of $72.33 and a 200 day moving average price of $69.96. First Trust RBA American Industrial Renaissance ETF has a fifty-two week low of $46.71 and a fifty-two week high of $77.95. The firm has a market cap of $1.82 billion, a P/E ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0419 per share. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend and a dividend yield of 0.22%. The ex-dividend date was Thursday, September 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.