First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Stock Holdings Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 13.6% during the 4th quarter, HoldingsChannel reports. The firm owned 262,619 shares of the company’s stock after selling 41,211 shares during the quarter. Envestnet Asset Management Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $10,854,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% in the third quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the period. SBI Securities Co. Ltd. bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth approximately $38,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at approximately $42,000. Creative Financial Designs Inc. ADV raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 93.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,253 shares of the company’s stock valued at $52,000 after acquiring an additional 605 shares in the last quarter. Finally, Kestra Investment Management LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth $71,000.

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

NASDAQ:HYLS opened at $40.85 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.49 and a 1 year high of $42.55. The business has a fifty day moving average of $41.14 and a 200-day moving average of $41.48.

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

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

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

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.