Cedrus LLC Grows Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Cedrus LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 26.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,087 shares of the company’s stock after buying an additional 1,685 shares during the quarter. Cedrus LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $604,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AIRR. Global Assets Advisory LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the 1st quarter valued at about $34,255,000. LPL Financial LLC boosted its holdings in First Trust RBA American Industrial Renaissance ETF by 48.6% in the second quarter. LPL Financial LLC now owns 1,516,083 shares of the company’s stock valued at $103,564,000 after purchasing an additional 495,941 shares in the last quarter. Raymond James & Associates increased its stake in First Trust RBA American Industrial Renaissance ETF by 82.6% in the third quarter. Raymond James & Associates now owns 613,331 shares of the company’s stock valued at $45,797,000 after purchasing an additional 277,507 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 97.2% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 440,640 shares of the company’s stock worth $30,100,000 after purchasing an additional 217,241 shares in the last quarter. Finally, Pictet North America Advisors SA purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth approximately $7,270,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ AIRR opened at $77.22 on Friday. The company has a fifty day moving average of $72.51 and a two-hundred day moving average of $70.03. The company has a market capitalization of $1.81 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $46.71 and a 1 year high of $78.00.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

First Trust RBA American Industrial Renaissance ETF 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.