Rockefeller Capital Management L.P. Buys 137,741 Shares of First Trust RBA American Industrial Renaissance ETF $AIRR

Rockefeller Capital Management L.P. lifted its position in First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) by 101.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 274,168 shares of the company’s stock after purchasing an additional 137,741 shares during the period. Rockefeller Capital Management L.P. owned 0.39% of First Trust RBA American Industrial Renaissance ETF worth $26,956,000 at the end of the most recent quarter.

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

First Trust RBA American Industrial Renaissance ETF Price Performance

NASDAQ:AIRR opened at $133.25 on Tuesday. First Trust RBA American Industrial Renaissance ETF has a 1-year low of $77.41 and a 1-year high of $133.50. The company has a 50-day moving average of $126.96 and a 200 day moving average of $116.11. The firm has a market cap of $10.62 billion, a PE ratio of 21.40 and a beta of 1.27.

First Trust RBA American Industrial Renaissance ETF Increases Dividend

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

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.