231,653 First Trust Alerian U.S. NextGen Infrastructure ETF $RBLD Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its stake in First Trust Alerian U.S. NextGen Infrastructure ETF (NYSEARCA:RBLD) by 6,921.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 235,000 shares of the company’s stock after purchasing an additional 231,653 shares during the quarter. International Assets Investment Management LLC owned approximately 47.00% of First Trust Alerian U.S. NextGen Infrastructure ETF worth $19,399,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of RBLD. Forty three Eighteen Advisors LLC grew its stake in First Trust Alerian U.S. NextGen Infrastructure ETF by 2.3% in the first quarter. Forty three Eighteen Advisors LLC now owns 22,163 shares of the company’s stock worth $1,798,000 after purchasing an additional 507 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in First Trust Alerian U.S. NextGen Infrastructure ETF by 10.8% during the 1st quarter. Sanctuary Advisors LLC now owns 6,258 shares of the company’s stock worth $508,000 after buying an additional 608 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF in the 2nd quarter worth approximately $248,000. Finally, Sterling Investment Advisors Ltd. acquired a new position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF in the 1st quarter worth approximately $292,000.

First Trust Alerian U.S. NextGen Infrastructure ETF Trading Down 1.5%

Shares of RBLD opened at $84.74 on Friday. First Trust Alerian U.S. NextGen Infrastructure ETF has a 52 week low of $73.15 and a 52 week high of $91.07. The firm has a market cap of $42.37 million, a price-to-earnings ratio of 22.48 and a beta of 0.87. The stock has a 50 day moving average of $84.69 and a 200-day moving average of $85.40.

First Trust Alerian U.S. NextGen Infrastructure ETF Profile

The fund will normally invest at least 90% of its net assets in the common stocks and real estate investment trusts (“ REITs ”) that comprise the index. The index seeks to provide exposure to U.S. infrastructure companies with securities listed on recognized U.S. securities exchanges that build, operate and own infrastructure assets.