Asset One Wealth Management LLC Purchases Shares of 17,497 First Trust RBA American Industrial Renaissance ETF $AIRR

Asset One Wealth Management LLC purchased a new stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 17,497 shares of the company’s stock, valued at approximately $1,720,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock worth $1,041,002,000 after purchasing an additional 10,198,584 shares during the period. Bank of America Corp DE grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock worth $686,626,000 after purchasing an additional 1,036,237 shares during the period. Morgan Stanley grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% during the 4th quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock worth $519,083,000 after purchasing an additional 575,709 shares during the period. LPL Financial LLC grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12.0% during the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock worth $449,345,000 after purchasing an additional 490,347 shares during the period. Finally, UBS Group AG grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 9.9% during the 4th quarter. UBS Group AG now owns 2,107,557 shares of the company’s stock worth $207,215,000 after purchasing an additional 189,674 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of NASDAQ:AIRR opened at $129.25 on Thursday. First Trust RBA American Industrial Renaissance ETF has a 1 year low of $77.41 and a 1 year high of $133.50. The stock has a market capitalization of $10.30 billion, a P/E ratio of 21.40 and a beta of 1.27. The stock has a 50-day simple moving average of $126.12 and a 200-day simple moving average of $115.40.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.