Silver Oak Securities Incorporated Decreases Stake in First Trust Nasdaq Cybersecurity ETF $CIBR

Silver Oak Securities Incorporated reduced its stake in shares of First Trust Nasdaq Cybersecurity ETF (NASDAQ:CIBR) by 42.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,469 shares of the company’s stock after selling 6,899 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Nasdaq Cybersecurity ETF were worth $594,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in First Trust Nasdaq Cybersecurity ETF by 91.4% in the third quarter. Bank of America Corp DE now owns 14,860,424 shares of the company’s stock valued at $1,129,541,000 after buying an additional 7,097,058 shares during the last quarter. Morgan Stanley grew its position in First Trust Nasdaq Cybersecurity ETF by 3.0% during the fourth quarter. Morgan Stanley now owns 13,557,064 shares of the company’s stock valued at $968,652,000 after buying an additional 394,758 shares during the period. LPL Financial LLC increased its stake in shares of 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 purchasing an additional 430,986 shares in the last quarter. UBS Group AG increased its position in shares of First Trust Nasdaq Cybersecurity ETF by 0.7% in the third quarter. UBS Group AG now owns 5,603,139 shares of the company’s stock valued at $425,895,000 after buying an additional 38,404 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings 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 worth $336,417,000 after acquiring an additional 417,396 shares in the last quarter.

First Trust Nasdaq Cybersecurity ETF Trading Up 2.0%

CIBR stock opened at $85.36 on Friday. The stock has a market cap of $12.93 billion, a price-to-earnings ratio of 30.11 and a beta of 0.94. The business’s 50-day moving average is $79.47 and its 200 day moving average is $72.00. First Trust Nasdaq Cybersecurity ETF has a 12-month low of $60.07 and a 12-month high of $94.39.

First Trust Nasdaq Cybersecurity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be paid a dividend of $0.0721 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.29 dividend on an annualized basis and a yield of 0.3%.

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.