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Financial Counselors Inc. makes a $236,000 investment in the First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR)

Financial Counselors Inc. makes a $236,000 investment in the First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR)

According to Financial Counselors Inc.’s most recent Form 13F filing with the Securities and Exchange Commission, the company made a new investment in the First Trust NASDAQ Cybersecurity ETF (NASDAQ: CIBR) during the third quarter of this year. The institutional investor spent approximately $236,000 to acquire 6,140 shares of the company’s stock, bringing the total amount to close to $236,000.

A number of other hedge funds have followed suit and decreased the total amount of money they have invested in the company. During the second quarter, Asset Dedication LLC was able to amass an additional 61.6 percentage points’ worth of shares in the First Trust NASDAQ Cybersecurity ETF. Asset Dedication LLC now has a total of 656 shares of the company’s stock, which are currently valued at $26,000 after purchasing an additional 250 shares during the most recent quarter. This brings the total number of shares owned by the company to 656. During the second quarter of the current fiscal year, Pinnacle Bancorp Inc. increased the percentage of its assets invested in the First Trust NASDAQ Cybersecurity ETF by 137.3%. Pinnacle Bancorp, Inc. now has 712 shares of the company’s stock, which are worth a combined total of $29,000 after purchasing an additional 412 shares during the most recent quarter. This brings the total number of shares owned by the company to 712. During the second quarter, Capital Analysts LLC saw a 65.3% rise in the shares held in the First Trust NASDAQ Cybersecurity ETF. After purchasing an additional 374 shares during the most recent fiscal quarter, Capital Analysts LLC now holds 947 shares of the company’s stock, with a value of $38,000. This brings the total number of shares owned by the company to 947. A brand new investment of $42,000 in the First Trust NASDAQ Cybersecurity ETF was made by Worth Asset Management LLC during the first three months of 2018. Last but not least, Bangor Savings Bank increased its holdings in the First Trust NASDAQ Cybersecurity ETF during the third quarter by purchasing additional shares. This holding was estimated to be worth approximately $42,000 at the time.

The price of CIBR shares hit an all-time high of $38.52 on Tuesday, setting a new record for the day. The price of the First Trust NASDAQ Cybersecurity ETF hit a low of $36.03 over the past year, while it reached a high of $53.94 over the same period. The stock price is currently trading around $39.47 and $40.84 on its 50-day and 200-day simple moving averages, respectively.

In addition, the company declared a quarterly dividend, which was paid out on the Friday after December 30 (December 30). On Tuesday, December 27, shareholders recorded as owning the company’s shares were given dividends amounting to $0.095 per share. These shareholders received their dividends. When figured out on an annualized basis, this results in a dividend payment of $0.38 and a yield of 0.99%. The previous dividend payment amount that the First Trust NASDAQ Cybersecurity ETF made, which was $0.00 each quarter, has been increased to this new amount. This represents an increase over the previous amount. On Friday, December 23, shareholders had until midnight to submit their dividend payments to the company to avoid a late fee.

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