Dakota Wealth Management Cuts Stock Holdings in Global X Cybersecurity ETF (NASDAQ:BUG)

Dakota Wealth Management lowered its stake in shares of Global X Cybersecurity ETF (NASDAQ:BUG) by 13.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,521 shares of the company’s stock after selling 5,948 shares during the quarter. Dakota Wealth Management owned 0.15% of Global X Cybersecurity ETF worth $1,204,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of BUG. FMR LLC grew its stake in shares of Global X Cybersecurity ETF by 213.1% during the third quarter. FMR LLC now owns 1,221 shares of the company’s stock worth $38,000 after purchasing an additional 831 shares in the last quarter. Alpha Cubed Investments LLC acquired a new position in Global X Cybersecurity ETF in the fourth quarter valued at $212,000. Synovus Financial Corp acquired a new position in Global X Cybersecurity ETF in the third quarter valued at $223,000. Claro Advisors LLC boosted its stake in shares of Global X Cybersecurity ETF by 30.4% during the third quarter. Claro Advisors LLC now owns 9,631 shares of the company’s stock worth $298,000 after buying an additional 2,248 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in shares of Global X Cybersecurity ETF by 7.9% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 9,730 shares of the company’s stock worth $301,000 after buying an additional 709 shares during the period.

Global X Cybersecurity ETF Stock Performance

Shares of BUG opened at $33.37 on Friday. Global X Cybersecurity ETF has a fifty-two week low of $26.03 and a fifty-two week high of $34.92. The company has a market capitalization of $823.57 million, a price-to-earnings ratio of 29.10 and a beta of 0.86. The firm has a 50-day simple moving average of $32.98 and a 200-day simple moving average of $31.30.

Global X Cybersecurity ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued 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.