Concorde Asset Management LLC Sells 6,025 Shares of First Trust Nasdaq Cybersecurity ETF $CIBR

Concorde Asset Management LLC lessened its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 12.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 41,875 shares of the company’s stock after selling 6,025 shares during the quarter. First Trust Nasdaq Cybersecurity ETF comprises 2.1% of Concorde Asset Management LLC’s holdings, making the stock its 13th biggest position. Concorde Asset Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $3,762,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 worth $96,713,000 after buying an additional 975,735 shares during the last quarter. LPL Financial LLC grew its stake in 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 buying an additional 430,986 shares during the last quarter. Wells Fargo & Company MN grew its stake in 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 buying an additional 417,396 shares during the last quarter. Morgan Stanley raised its holdings 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 worth $968,652,000 after acquiring an additional 394,758 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in 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 worth $126,267,000 after acquiring an additional 276,850 shares during the period.

First Trust Nasdaq Cybersecurity ETF Price Performance

First Trust Nasdaq Cybersecurity ETF stock opened at $94.01 on Wednesday. First Trust Nasdaq Cybersecurity ETF has a fifty-two week low of $60.07 and a fifty-two week high of $102.35. The firm has a fifty day moving average price of $94.18 and a two-hundred day moving average price of $80.41. The firm has a market cap of $14.69 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The firm also recently declared 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 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend 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.