First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC cut its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 21.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,656 shares of the company’s stock after selling 994 shares during the period. Farther Finance Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $153,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of HYLS. Janney Montgomery Scott LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 166,653 shares of the company’s stock valued at $6,839,000 after purchasing an additional 1,483 shares during the period. Envestnet Asset Management Inc. boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 24.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 326,669 shares of the company’s stock valued at $13,406,000 after purchasing an additional 64,050 shares during the period. NBC Securities Inc. boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142,700.0% during the 1st quarter. NBC Securities Inc. now owns 1,428 shares of the company’s stock valued at $58,000 after purchasing an additional 1,427 shares during the period. GAMMA Investing LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4,004.0% during the 1st quarter. GAMMA Investing LLC now owns 18,304 shares of the company’s stock valued at $751,000 after purchasing an additional 17,858 shares during the period. Finally, Vontobel Holding Ltd. acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter valued at about $256,000.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $42.05 on Friday. The firm has a 50-day moving average price of $41.98 and a two-hundred day moving average price of $41.51. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $39.49 and a 52-week high of $42.55.

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

The company also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Thursday, September 25th.

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.