First Trust Alerian U.S. NextGen Infrastructure ETF $RBLD Shares Purchased by LPL Financial LLC

LPL Financial LLC grew its position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF (NYSEARCA:RBLD) by 30.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,398 shares of the company’s stock after acquiring an additional 6,862 shares during the quarter. LPL Financial LLC owned about 0.15% of First Trust Alerian U.S. NextGen Infrastructure ETF worth $1,933,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Keystone Financial Group Inc. acquired a new position in shares of First Trust Alerian U.S. NextGen Infrastructure ETF during the first quarter worth about $103,000. International Assets Investment Management LLC lifted its stake in shares of First Trust Alerian U.S. NextGen Infrastructure ETF by 13.1% during the first quarter. International Assets Investment Management LLC now owns 3,531 shares of the company’s stock worth $232,000 after purchasing an additional 410 shares in the last quarter. Finally, L.M. Kohn & Company lifted its stake in shares of First Trust Alerian U.S. NextGen Infrastructure ETF by 30.7% during the first quarter. L.M. Kohn & Company now owns 5,540 shares of the company’s stock worth $364,000 after purchasing an additional 1,300 shares in the last quarter.

First Trust Alerian U.S. NextGen Infrastructure ETF Price Performance

Shares of RBLD opened at $73.01 on Thursday. The stock’s 50-day moving average is $72.36 and its two-hundred day moving average is $68.79. The stock has a market cap of $14.60 million, a PE ratio of 22.48 and a beta of 0.97. First Trust Alerian U.S. NextGen Infrastructure ETF has a 12 month low of $58.07 and a 12 month high of $75.03.

First Trust Alerian U.S. NextGen Infrastructure ETF Company 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.