Sunbelt Securities Inc. Increases Stock Position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT)

Sunbelt Securities Inc. raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF (NASDAQ:ROBT) by 15.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,137 shares of the company’s stock after acquiring an additional 285 shares during the quarter. Sunbelt Securities Inc.’s holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF were worth $97,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. New England Capital Financial Advisors LLC raised its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 90.0% during the 4th quarter. New England Capital Financial Advisors LLC now owns 741 shares of the company’s stock valued at $34,000 after purchasing an additional 351 shares during the last quarter. SRS Capital Advisors Inc. purchased a new stake in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the third quarter worth $87,000. CWM LLC boosted its holdings in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 151.0% in the fourth quarter. CWM LLC now owns 3,097 shares of the company’s stock valued at $141,000 after acquiring an additional 1,863 shares in the last quarter. Concourse Financial Group Securities Inc. increased its position in First Trust Nasdaq Artificial Intelligence and Robotics ETF by 1,038.2% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 3,130 shares of the company’s stock valued at $143,000 after purchasing an additional 2,855 shares during the period. Finally, KFG Wealth Management LLC bought a new position in First Trust Nasdaq Artificial Intelligence and Robotics ETF in the 4th quarter worth $201,000.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Trading Up 0.2 %

NASDAQ:ROBT opened at $42.34 on Friday. The company has a 50-day moving average price of $42.73 and a 200-day moving average price of $43.88. The stock has a market cap of $529.25 million, a price-to-earnings ratio of 29.47 and a beta of 1.22. First Trust Nasdaq Artificial Intelligence and Robotics ETF has a 12 month low of $36.38 and a 12 month high of $47.71.

First Trust Nasdaq Artificial Intelligence and Robotics ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were issued a $0.0844 dividend. The ex-dividend date was Thursday, June 27th. This represents a $0.34 annualized dividend and a yield of 0.80%.

About First Trust Nasdaq Artificial Intelligence and Robotics ETF

The First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified equal-weighted index of all-cap, global companies involved in artificial intelligence or robotics. ROBT was launched on Feb 21, 2018 and is managed by First Trust.