First Trust Nasdaq Cybersecurity ETF $CIBR Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 258.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,353,579 shares of the company’s stock after purchasing an additional 975,735 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $96,713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CIBR. Capital Asset Advisory Services LLC raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 3.3% in 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 during the period. Citigroup Inc. raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 7.2% in the third quarter. Citigroup Inc. now owns 409,450 shares of the company’s stock worth $31,122,000 after acquiring an additional 27,495 shares during the period. HighTower Advisors LLC raised its position in shares of 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 worth $33,177,000 after acquiring an additional 88,210 shares during the period. Redhawk Wealth Advisors Inc. raised its position in shares of First Trust Nasdaq Cybersecurity ETF by 158.5% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 35,661 shares of the company’s stock worth $2,548,000 after acquiring 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 in the fourth quarter worth about $914,000.

First Trust Nasdaq Cybersecurity ETF Stock Performance

Shares of First Trust Nasdaq Cybersecurity ETF stock opened at $79.05 on Friday. The firm has a 50-day simple moving average of $66.74 and a two-hundred day simple moving average of $69.77. The company has a market cap of $11.98 billion, a P/E ratio of 30.11 and a beta of 0.85. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $60.07 and a fifty-two week high of $79.52.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.1098 dividend. The ex-dividend date was Thursday, March 26th. This represents a $0.44 dividend on an annualized basis and a dividend 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.