First Heartland Consultants Inc. Buys 3,051 Shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

First Heartland Consultants Inc. raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 51.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,992 shares of the company’s stock after purchasing an additional 3,051 shares during the period. First Heartland Consultants Inc.’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $671,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in AIRR. Raymond James & Associates grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 7.6% during the second quarter. Raymond James & Associates now owns 335,824 shares of the company’s stock valued at $22,940,000 after buying an additional 23,754 shares during the last quarter. Prudential PLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter valued at approximately $2,732,000. Comerica Bank grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 3.8% during the first quarter. Comerica Bank now owns 20,234 shares of the company’s stock valued at $1,362,000 after buying an additional 746 shares during the last quarter. Western Wealth Management LLC purchased a new stake in shares of First Trust RBA American Industrial Renaissance ETF during the second quarter valued at approximately $1,632,000. Finally, Concourse Financial Group Securities Inc. grew its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 157.9% during the third quarter. Concourse Financial Group Securities Inc. now owns 2,014 shares of the company’s stock valued at $150,000 after buying an additional 1,233 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 1.3 %

NASDAQ:AIRR opened at $84.40 on Wednesday. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $48.13 and a 52 week high of $85.97. The company’s 50 day moving average price is $75.10 and its 200-day moving average price is $71.82. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 23.16 and a beta of 1.25.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.0419 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03. This represents a $0.17 annualized dividend 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.