D.A. Davidson & CO. Increases Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

D.A. Davidson & CO. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 1.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,558 shares of the company’s stock after buying an additional 318 shares during the period. D.A. Davidson & CO. owned about 0.12% of First Trust RBA American Industrial Renaissance ETF worth $2,132,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of AIRR. Farther Finance Advisors LLC bought a new stake in shares of First Trust RBA American Industrial Renaissance ETF in the 3rd quarter worth approximately $26,000. Carolinas Wealth Consulting LLC bought a new stake in First Trust RBA American Industrial Renaissance ETF in the second quarter worth $29,000. Howe & Rusling Inc. purchased a new stake in First Trust RBA American Industrial Renaissance ETF during the third quarter valued at about $40,000. Concourse Financial Group Securities Inc. grew its stake in shares of First Trust RBA American Industrial Renaissance ETF by 80.4% during the second quarter. Concourse Financial Group Securities Inc. now owns 781 shares of the company’s stock valued at $53,000 after buying an additional 348 shares during the last quarter. Finally, ORG Partners LLC purchased a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter worth about $194,000.

First Trust RBA American Industrial Renaissance ETF Trading Up 0.5 %

NASDAQ AIRR opened at $85.46 on Friday. The firm has a market cap of $2.10 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $50.45 and a 1-year high of $86.95. The stock has a 50-day moving average of $78.44 and a 200-day moving average of $73.17.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0419 dividend. This represents a $0.17 annualized dividend and a dividend yield of 0.20%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Thursday, September 26th.

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.