Darden Wealth Group Inc Grows Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Darden Wealth Group Inc boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 58.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,240 shares of the company’s stock after purchasing an additional 1,940 shares during the quarter. Darden Wealth Group Inc’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $404,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Morse Asset Management Inc purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter valued at approximately $25,000. Stonebridge Financial Group LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at $45,000. SBI Securities Co. Ltd. acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the fourth quarter valued at $53,000. Archer Investment Corp purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the 4th quarter worth about $58,000. Finally, Private Trust Co. NA lifted its holdings in First Trust RBA American Industrial Renaissance ETF by 800.0% during the 4th quarter. Private Trust Co. NA now owns 900 shares of the company’s stock worth $69,000 after buying an additional 800 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Performance

AIRR opened at $62.58 on Friday. First Trust RBA American Industrial Renaissance ETF has a one year low of $60.02 and a one year high of $86.95. The company has a market cap of $2.86 billion, a P/E ratio of 19.74 and a beta of 1.22. The business’s 50-day simple moving average is $73.08 and its 200-day simple moving average is $77.15.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a $0.075 dividend. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. This represents a $0.30 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend was Thursday, March 27th.

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.