First Trust RBA American Industrial Renaissance ETF $AIRR Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 39.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,771 shares of the company’s stock after purchasing an additional 7,519 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $2,588,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in AIRR. Armstrong Advisory Group Inc. purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter valued at approximately $33,000. Twin Peaks Wealth Advisors LLC acquired a new stake in First Trust RBA American Industrial Renaissance ETF in the second quarter valued at $91,000. Bank of Montreal Can purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the second quarter worth approximately $100,000. Private Trust Co. NA lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 128.1% during the 3rd quarter. Private Trust Co. NA now owns 1,357 shares of the company’s stock worth $131,000 after buying an additional 762 shares during the last quarter. Finally, Archer Investment Corp lifted its position in First Trust RBA American Industrial Renaissance ETF by 126.7% in the second quarter. Archer Investment Corp now owns 1,700 shares of the company’s stock valued at $138,000 after acquiring an additional 950 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Trading Down 2.1%

Shares of NASDAQ AIRR opened at $110.20 on Friday. The stock has a market cap of $7.60 billion, a P/E ratio of 21.40 and a beta of 1.29. The stock has a 50 day moving average of $103.93 and a two-hundred day moving average of $96.89. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $59.22 and a twelve month high of $115.80.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.0276 per share. This is a positive change from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.1%.

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.