Concorde Asset Management LLC Sells 67,902 Shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Concorde Asset Management LLC lowered its stake in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 94.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,960 shares of the company’s stock after selling 67,902 shares during the quarter. Concorde Asset Management LLC’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $223,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. LPL Financial LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 0.9% in the 2nd quarter. LPL Financial LLC now owns 3,162,131 shares of the company’s stock valued at $178,407,000 after acquiring an additional 29,640 shares in the last quarter. Prudential PLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 6.7% in the 4th quarter. Prudential PLC now owns 2,732,301 shares of the company’s stock valued at $147,107,000 after acquiring an additional 172,069 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 12.6% in the 4th quarter. Wells Fargo & Company MN now owns 1,753,636 shares of the company’s stock valued at $94,416,000 after acquiring an additional 196,272 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 5.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 908,624 shares of the company’s stock valued at $51,265,000 after acquiring an additional 47,489 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of First Trust Nasdaq Cybersecurity ETF by 11.9% during the 2nd quarter. Raymond James & Associates now owns 823,198 shares of the company’s stock valued at $46,445,000 after buying an additional 87,450 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Trading Up 2.1 %

Shares of NASDAQ CIBR opened at $58.53 on Friday. The stock has a market cap of $6.93 billion, a price-to-earnings ratio of 34.35 and a beta of 1.00. First Trust Nasdaq Cybersecurity ETF has a 1-year low of $43.51 and a 1-year high of $59.66. The stock’s 50-day moving average is $56.78 and its 200 day moving average is $55.90.

First Trust Nasdaq Cybersecurity ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a dividend of $0.0662 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.45%.

First Trust Nasdaq Cybersecurity ETF 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.