NewEdge Advisors LLC Sells 32,307 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

NewEdge Advisors LLC lessened its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 13.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 201,338 shares of the company’s stock after selling 32,307 shares during the period. NewEdge Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $18,090,000 as of its most recent SEC filing.

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

First Trust Nasdaq Cybersecurity ETF Trading Down 0.3%

Shares of CIBR stock opened at $94.16 on Friday. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $60.07 and a 1 year high of $102.35. The firm’s 50 day moving average is $94.31 and its 200-day moving average is $80.82. The firm has a market capitalization of $14.71 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

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

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.