Dakota Wealth Management Reduces Stock Position in Global X Cybersecurity ETF (NASDAQ:BUG)

Dakota Wealth Management cut its stake in Global X Cybersecurity ETF (NASDAQ:BUG) by 13.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,521 shares of the company’s stock after selling 5,948 shares during the quarter. Dakota Wealth Management’s holdings in Global X Cybersecurity ETF were worth $1,204,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Alpha Cubed Investments LLC acquired a new stake in shares of Global X Cybersecurity ETF in the fourth quarter valued at approximately $212,000. Moss Adams Wealth Advisors LLC boosted its position in Global X Cybersecurity ETF by 0.6% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 1,357,693 shares of the company’s stock worth $43,601,000 after acquiring an additional 7,592 shares during the last quarter. Merit Financial Group LLC acquired a new stake in Global X Cybersecurity ETF during the fourth quarter worth approximately $5,131,000. Pinnacle Wealth Management Group Inc. boosted its position in Global X Cybersecurity ETF by 1.4% during the fourth quarter. Pinnacle Wealth Management Group Inc. now owns 81,333 shares of the company’s stock worth $2,610,000 after acquiring an additional 1,090 shares during the last quarter. Finally, Granite Bay Wealth Management LLC boosted its position in Global X Cybersecurity ETF by 0.9% during the fourth quarter. Granite Bay Wealth Management LLC now owns 343,069 shares of the company’s stock worth $11,009,000 after acquiring an additional 3,070 shares during the last quarter.

Global X Cybersecurity ETF Stock Performance

Shares of NASDAQ BUG opened at $33.37 on Friday. Global X Cybersecurity ETF has a 1 year low of $26.03 and a 1 year high of $34.92. The firm’s 50 day moving average price is $32.98 and its 200 day moving average price is $31.30. The firm has a market cap of $823.57 million, a P/E ratio of 29.10 and a beta of 0.86.

Global X Cybersecurity ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.0305 per share. The ex-dividend date was Monday, December 30th.

About Global X Cybersecurity ETF

The Global X Cybersecurity ETF (BUG) is an exchange-traded fund that is based on the Indxx Cybersecurity index, a modified market-cap-weighted global index of companies selected on the basis of revenue related to cybersecurity activities. BUG was launched on Oct 25, 2019 and is managed by Global X.