Laurel Wealth Advisors LLC Sells 4,475,751 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Laurel Wealth Advisors LLC decreased its position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 98.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,805 shares of the company’s stock after selling 4,475,751 shares during the period. Laurel Wealth Advisors LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $4,546,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CIBR. Colonial Trust Advisors purchased a new position in shares of First Trust Nasdaq Cybersecurity ETF during the 2nd quarter valued at about $25,000. Salem Investment Counselors Inc. purchased a new stake in First Trust Nasdaq Cybersecurity ETF during the 3rd quarter valued at about $28,000. Hollencrest Capital Management purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the second quarter valued at approximately $29,000. Elevation Point Wealth Partners LLC bought a new stake in First Trust Nasdaq Cybersecurity ETF in the 2nd quarter worth $34,000. Finally, Rossby Financial LCC bought a new stake in shares of First Trust Nasdaq Cybersecurity ETF in the third quarter worth about $35,000.

First Trust Nasdaq Cybersecurity ETF Price Performance

Shares of NASDAQ:CIBR opened at $62.91 on Monday. The stock’s 50-day moving average is $69.37 and its 200 day moving average is $72.87. The company has a market cap of $9.66 billion, a PE ratio of 30.11 and a beta of 0.93. First Trust Nasdaq Cybersecurity ETF has a 1 year low of $55.02 and a 1 year high of $78.34.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.2084 per share. This represents a $0.83 annualized dividend and a dividend yield of 1.3%. This is a boost from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Friday, December 12th.

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.