First Trust Advisors LP Has $111.12 Million Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

First Trust Advisors LP reduced its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 2,688,490 shares of the company’s stock after selling 114,652 shares during the period. First Trust Advisors LP owned about 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $111,115,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. GeoWealth Management LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 31.3% during the fourth quarter. GeoWealth Management LLC now owns 90,755 shares of the company’s stock worth $3,751,000 after purchasing an additional 21,649 shares during the period. NewEdge Advisors LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 44.4% during the 4th quarter. NewEdge Advisors LLC now owns 130,451 shares of the company’s stock worth $5,392,000 after buying an additional 40,122 shares during the period. Raymond James Financial Inc. bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth $14,987,000. Rathbones Group PLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% during the fourth quarter. Rathbones Group PLC now owns 9,670 shares of the company’s stock worth $400,000 after buying an additional 400 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 386.2% in the fourth quarter. Bank of Montreal Can now owns 11,888 shares of the company’s stock valued at $491,000 after acquiring an additional 9,443 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.5 %

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $40.85 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $39.49 and a twelve month high of $42.55. The company has a 50-day simple moving average of $41.13 and a two-hundred day simple moving average of $41.46.

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

The business also recently declared a monthly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a $0.215 dividend. This represents a $2.58 annualized dividend and a dividend yield of 6.32%. The ex-dividend date was Thursday, March 27th.

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.