Fiduciary Planning LLC Has $6 Million Stake in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Fiduciary Planning LLC increased its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 7.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,934 shares of the company’s stock after purchasing an additional 6,308 shares during the period. First Trust RBA American Industrial Renaissance ETF makes up 2.0% of Fiduciary Planning LLC’s investment portfolio, making the stock its 12th largest holding. Fiduciary Planning LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $5,998,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. raised its holdings in First Trust RBA American Industrial Renaissance ETF by 84.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 460 shares of the company’s stock worth $31,000 after buying an additional 210 shares during the last quarter. Ameriflex Group Inc. bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the fourth quarter worth about $36,000. Rothschild Investment LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 159.5% in the 1st quarter. Rothschild Investment LLC now owns 558 shares of the company’s stock worth $38,000 after acquiring an additional 343 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 60.1% in the 4th quarter. Sunbelt Securities Inc. now owns 538 shares of the company’s stock worth $42,000 after acquiring an additional 202 shares during the last quarter. Finally, Stonebridge Financial Group LLC bought a new position in First Trust RBA American Industrial Renaissance ETF in the 4th quarter valued at about $45,000.

First Trust RBA American Industrial Renaissance ETF Stock Performance

Shares of AIRR opened at $79.41 on Friday. The firm has a market capitalization of $3.58 billion, a P/E ratio of 21.06 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $59.22 and a 52 week high of $86.95. The stock has a 50 day moving average price of $71.80 and a two-hundred day moving average price of $75.50.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.075 per share. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Thursday, March 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.38%.

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.