Garden State Investment Advisory Services LLC Has $1.92 Million Stock Position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR)

Garden State Investment Advisory Services LLC increased its stake in shares of First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 9.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 25,682 shares of the company’s stock after acquiring an additional 2,130 shares during the period. Garden State Investment Advisory Services LLC’s holdings in First Trust RBA American Industrial Renaissance ETF were worth $1,918,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC bought a new position in shares of First Trust RBA American Industrial Renaissance ETF in the third quarter valued at $26,000. Raymond James & Associates grew its position in shares of First Trust RBA American Industrial Renaissance ETF by 7.6% in the 2nd quarter. Raymond James & Associates now owns 335,824 shares of the company’s stock valued at $22,940,000 after acquiring an additional 23,754 shares during the period. Prudential PLC acquired a new position in shares of First Trust RBA American Industrial Renaissance ETF during the 2nd quarter worth about $2,732,000. Janney Montgomery Scott LLC raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 6.0% in the 3rd quarter. Janney Montgomery Scott LLC now owns 36,744 shares of the company’s stock valued at $2,744,000 after purchasing an additional 2,090 shares during the period. Finally, Comerica Bank lifted its stake in First Trust RBA American Industrial Renaissance ETF by 3.8% in the 1st quarter. Comerica Bank now owns 20,234 shares of the company’s stock valued at $1,362,000 after purchasing an additional 746 shares during the last quarter.

First Trust RBA American Industrial Renaissance ETF Stock Down 1.2 %

Shares of NASDAQ AIRR opened at $84.40 on Monday. The business’s 50 day moving average price is $78.65 and its two-hundred day moving average price is $73.32. The company has a market cap of $2.08 billion, a PE ratio of 23.16 and a beta of 1.25. First Trust RBA American Industrial Renaissance ETF has a twelve month low of $52.24 and a twelve month high of $86.95.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently declared 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 dividend on an annualized basis and a yield of 0.20%. The ex-dividend date was Thursday, September 26th. This is a boost from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

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.