NewEdge Wealth LLC Buys 18,614 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

NewEdge Wealth LLC grew its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 432.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,917 shares of the company’s stock after buying an additional 18,614 shares during the period. NewEdge Wealth LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $1,637,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CIBR. Capital Asset Advisory Services LLC boosted its stake in First Trust Nasdaq Cybersecurity ETF by 3.3% during the fourth quarter. Capital Asset Advisory Services LLC now owns 696,254 shares of the company’s stock worth $50,263,000 after acquiring an additional 22,024 shares in the last quarter. Citigroup Inc. increased its stake in First Trust Nasdaq Cybersecurity ETF by 7.2% in the third quarter. Citigroup Inc. now owns 409,450 shares of the company’s stock valued at $31,122,000 after purchasing an additional 27,495 shares in the last quarter. HighTower Advisors LLC increased its stake in First Trust Nasdaq Cybersecurity ETF by 25.3% in the third quarter. HighTower Advisors LLC now owns 436,450 shares of the company’s stock valued at $33,177,000 after purchasing an additional 88,210 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 158.5% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 35,661 shares of the company’s stock valued at $2,548,000 after purchasing an additional 21,866 shares during the period. Finally, Aurora Private Wealth Inc. acquired a new position in shares of First Trust Nasdaq Cybersecurity ETF during the fourth quarter valued at about $914,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

CIBR stock opened at $75.85 on Thursday. The company’s 50-day moving average is $66.16 and its 200-day moving average is $69.70. The stock has a market capitalization of $11.49 billion, a PE ratio of 30.11 and a beta of 0.85. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $60.07 and a 1 year high of $78.34.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were issued a $0.1098 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.44 annualized dividend and a yield of 0.6%.

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.