Thryve Wealth Management LLC Purchases New Shares in First Trust RBA American Industrial Renaissance ETF $AIRR

Thryve Wealth Management LLC purchased a new position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 82,715 shares of the company’s stock, valued at approximately $8,133,000. First Trust RBA American Industrial Renaissance ETF makes up 4.0% of Thryve Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Thryve Wealth Management LLC owned approximately 0.12% of First Trust RBA American Industrial Renaissance ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in First Trust RBA American Industrial Renaissance ETF by 2,619.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 10,587,899 shares of the company’s stock valued at $1,041,002,000 after buying an additional 10,198,584 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 17.1% during the third quarter. Bank of America Corp DE now owns 7,102,044 shares of the company’s stock valued at $686,626,000 after acquiring an additional 1,036,237 shares during the period. Morgan Stanley raised its holdings in shares of First Trust RBA American Industrial Renaissance ETF by 12.2% during the fourth quarter. Morgan Stanley now owns 5,279,524 shares of the company’s stock valued at $519,083,000 after acquiring an additional 575,709 shares during the period. Raymond James Financial Inc. lifted its position in shares of First Trust RBA American Industrial Renaissance ETF by 28.0% in the 4th quarter. Raymond James Financial Inc. now owns 2,325,393 shares of the company’s stock valued at $228,633,000 after acquiring an additional 508,440 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in First Trust RBA American Industrial Renaissance ETF by 12.0% in the 4th quarter. LPL Financial LLC now owns 4,570,226 shares of the company’s stock worth $449,345,000 after purchasing an additional 490,347 shares during the period.

First Trust RBA American Industrial Renaissance ETF Stock Performance

First Trust RBA American Industrial Renaissance ETF stock opened at $130.90 on Friday. First Trust RBA American Industrial Renaissance ETF has a 52 week low of $77.41 and a 52 week high of $133.50. The firm has a market capitalization of $10.43 billion, a price-to-earnings ratio of 21.40 and a beta of 1.27. The company has a 50 day moving average price of $126.47 and a 200 day moving average price of $115.62.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.0668 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This represents a $0.27 annualized dividend and a yield of 0.2%. This is an increase from First Trust RBA American Industrial Renaissance ETF’s previous quarterly dividend of $0.03.

First Trust RBA American Industrial Renaissance ETF Company 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.