Stifel Financial Corp decreased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Free Report) by 13.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,262 shares of the company’s stock after selling 25,936 shares during the period. Stifel Financial Corp owned 0.42% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $6,892,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in HYLS. Activest Wealth Management bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at about $27,000. BNP Paribas Financial Markets lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 38,300.0% in the third quarter. BNP Paribas Financial Markets now owns 2,304 shares of the company’s stock valued at $97,000 after buying an additional 2,298 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at about $98,000. Raleigh Capital Management Inc. lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% in the third quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock valued at $126,000 after buying an additional 734 shares during the period. Finally, Aristides Capital LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at about $220,000.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Price Performance
NASDAQ:HYLS opened at $41.67 on Friday. 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 business’s 50-day moving average price is $41.74 and its two-hundred day moving average price is $41.41.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Increases Dividend
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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.
Further Reading
- Five stocks we like better than First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
- Canada Bond Market Holiday: How to Invest and Trade
- FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success
- Investing in the High PE Growth Stocks
- Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants
- Stock Analyst Ratings and Canadian Analyst Ratings
- SoundHound AI: Can Its Meteoric Rise Sustain Into 2025?
Want to see what other hedge funds are holding HYLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Free Report).
Receive News & Ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.