Dunhill Financial LLC Raises Stock Holdings in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Dunhill Financial LLC lifted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 35.5% during the first quarter, Holdings Channel reports. The institutional investor owned 6,358 shares of the company’s stock after purchasing an additional 1,667 shares during the period. Dunhill Financial LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $434,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Sunbelt Securities Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 60.1% in the fourth quarter. Sunbelt Securities Inc. now owns 538 shares of the company’s stock worth $42,000 after buying an additional 202 shares in the last quarter. Arvest Investments Inc. increased its position in shares of First Trust RBA American Industrial Renaissance ETF by 0.7% during the 4th quarter. Arvest Investments Inc. now owns 29,847 shares of the company’s stock valued at $2,299,000 after purchasing an additional 209 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 84.0% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 460 shares of the company’s stock valued at $31,000 after buying an additional 210 shares during the period. Trueblood Wealth Management LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 3.3% in the first quarter. Trueblood Wealth Management LLC now owns 8,695 shares of the company’s stock worth $593,000 after buying an additional 279 shares during the last quarter. Finally, Rothschild Investment LLC lifted its position in First Trust RBA American Industrial Renaissance ETF by 159.5% in the first quarter. Rothschild Investment LLC now owns 558 shares of the company’s stock worth $38,000 after buying an additional 343 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 0.3%

AIRR stock opened at $77.90 on Wednesday. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $86.95. The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 21.06 and a beta of 1.25. The firm’s fifty day simple moving average is $73.71 and its two-hundred day simple moving average is $75.12.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.075 per share. The ex-dividend date was Thursday, March 27th. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.39%.

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.