Herbst Group LLC Raises Stock Position in First Trust Nasdaq Cybersecurity ETF $CIBR

Herbst Group LLC lifted its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 736.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 42,661 shares of the company’s stock after acquiring an additional 37,561 shares during the period. First Trust Nasdaq Cybersecurity ETF accounts for approximately 2.1% of Herbst Group LLC’s portfolio, making the stock its 19th biggest position. Herbst Group LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,833,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust Nasdaq Cybersecurity ETF by 258.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,353,579 shares of the company’s stock valued at $96,713,000 after acquiring an additional 975,735 shares in the last quarter. LPL Financial LLC increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 5,810,145 shares of the company’s stock worth $415,135,000 after purchasing an additional 430,986 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 9.7% in the 4th quarter. Wells Fargo & Company MN now owns 4,708,419 shares of the company’s stock valued at $336,417,000 after purchasing an additional 417,396 shares during the last quarter. Morgan Stanley lifted its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 3.0% in the 4th quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock valued at $968,652,000 after purchasing an additional 394,758 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of First Trust Nasdaq Cybersecurity ETF by 20.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,661,705 shares of the company’s stock valued at $126,267,000 after purchasing an additional 276,850 shares during the period.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of NASDAQ CIBR opened at $97.85 on Monday. The business has a 50-day moving average price of $89.71 and a 200 day moving average price of $76.02. The stock has a market cap of $15.29 billion, a PE ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 52-week low of $60.07 and a 52-week high of $99.97.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a $0.0721 dividend. This represents a $0.29 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Nasdaq Cybersecurity ETF Company Profile

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.