Modern Wealth Management LLC Increases Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Modern Wealth Management LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 9.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 245,253 shares of the company’s stock after buying an additional 20,302 shares during the period. Modern Wealth Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $18,536,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Colonial Trust Advisors purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter worth about $25,000. BankPlus Trust Department acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at approximately $26,000. Elevation Point Wealth Partners LLC acquired a new stake in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at approximately $34,000. Avalon Trust Co purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the 2nd quarter worth approximately $36,000. Finally, SVB Wealth LLC acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF in the 1st quarter valued at approximately $32,000.

First Trust Nasdaq Cybersecurity ETF Trading Down 2.5%

First Trust Nasdaq Cybersecurity ETF stock opened at $73.89 on Friday. First Trust Nasdaq Cybersecurity ETF has a 52 week low of $55.02 and a 52 week high of $78.34. The stock has a market cap of $11.01 billion, a P/E ratio of 30.11 and a beta of 0.93. The stock has a 50 day moving average of $75.35 and a 200-day moving average of $74.33.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th will be issued a dividend of $0.2084 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $0.83 annualized dividend and a yield of 1.1%. This is an increase from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00.

About First Trust Nasdaq Cybersecurity ETF

The First Trust NASDAQ Cybersecurity ETF (CIBR) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund tracks a liquidity-weighted index that targets companies engaged in the cybersecurity industry. CIBR was launched on Jul 7, 2015 and is managed by First Trust.