First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) Stock Holdings Increased by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC boosted its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,682 shares of the company’s stock after purchasing an additional 2,130 shares during the period. Garden State Investment Advisory Services LLC owned about 0.10% of First Trust RBA American Industrial Renaissance ETF worth $1,918,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AIRR. Farther Finance Advisors LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter valued at $26,000. Carolinas Wealth Consulting LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter valued at $29,000. Howe & Rusling Inc. purchased a new position in First Trust RBA American Industrial Renaissance ETF in the third quarter valued at about $40,000. Concourse Financial Group Securities Inc. increased its position in First Trust RBA American Industrial Renaissance ETF by 80.4% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock worth $53,000 after purchasing an additional 348 shares during the last quarter. Finally, ORG Partners LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the 3rd quarter worth about $194,000.

First Trust RBA American Industrial Renaissance ETF Price Performance

Shares of First Trust RBA American Industrial Renaissance ETF stock opened at $84.40 on Monday. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25. The stock has a 50-day simple moving average of $78.65 and a 200-day simple moving average of $73.32. First Trust RBA American Industrial Renaissance ETF has a 52-week low of $52.24 and a 52-week high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid 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 yield of 0.20%.

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.