Brown Advisory Inc. Purchases New Position in First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR)

Brown Advisory Inc. bought a new position in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,317 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN boosted its stake in First Trust Nasdaq Cybersecurity ETF by 32.0% in the fourth quarter. Wells Fargo & Company MN now owns 3,040,140 shares of the company’s stock valued at $192,897,000 after acquiring an additional 736,932 shares in the last quarter. LPL Financial LLC increased its holdings in First Trust Nasdaq Cybersecurity ETF by 10.6% in the fourth quarter. LPL Financial LLC now owns 3,687,276 shares of the company’s stock valued at $233,958,000 after buying an additional 353,848 shares in the last quarter. Aurora Private Wealth Inc. purchased a new stake in shares of First Trust Nasdaq Cybersecurity ETF during the first quarter worth about $15,160,000. Modern Wealth Management LLC acquired a new position in First Trust Nasdaq Cybersecurity ETF during the fourth quarter worth about $14,209,000. Finally, JPMorgan Chase & Co. boosted its position in First Trust Nasdaq Cybersecurity ETF by 16.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,031,749 shares of the company’s stock worth $65,465,000 after acquiring an additional 143,400 shares during the last quarter.

First Trust Nasdaq Cybersecurity ETF Trading Up 0.3%

CIBR opened at $73.34 on Thursday. The firm has a market capitalization of $9.88 billion, a PE ratio of 30.11 and a beta of 1.00. The firm’s 50-day moving average price is $72.82 and its 200 day moving average price is $67.92. First Trust Nasdaq Cybersecurity ETF has a twelve month low of $50.52 and a twelve month high of $76.36.

First Trust Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were issued a $0.0898 dividend. This represents a $0.36 annualized dividend and a yield of 0.49%. This is a positive change from First Trust Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Thursday, June 26th.

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.