Park National Corp OH Sells 7,524 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Park National Corp OH decreased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 329,616 shares of the company’s stock after selling 7,524 shares during the period. Park National Corp OH’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $13,623,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% during the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after purchasing an additional 6,788,436 shares during the last quarter. LPL Financial LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during the third quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock valued at $133,484,000 after buying an additional 668,100 shares during the period. Heritage Oak Wealth Advisors LLC purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at approximately $3,168,000. New Wave Wealth Advisors LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth approximately $2,990,000. Finally, Elevation Capital Advisory LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $2,768,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Price Performance

Shares of HYLS stock opened at $41.34 on Wednesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.12 and a 1 year high of $42.55. The firm has a fifty day moving average price of $41.65 and a 200-day moving average price of $41.51.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.215 per share. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Profile

The First Trust Tactical High Yield ETF (HYLS) is an exchange-traded fund that is based on the ICE BoFA US High Yield Constrained index. The fund is an actively managed fund holding up to 130% in long positions in high yield bonds it expects to outperform, and up to 30% short positions in issues it expects to underperform.