Private Advisor Group LLC Sells 5,681 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Private Advisor Group LLC decreased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 3.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 176,396 shares of the company’s stock after selling 5,681 shares during the period. Private Advisor Group LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $7,437,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Walkner Condon Financial Advisors LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the second quarter. Walkner Condon Financial Advisors LLC now owns 18,753 shares of the company’s stock valued at $762,000 after acquiring an additional 343 shares in the last quarter. Moloney Securities Asset Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% in the first quarter. Moloney Securities Asset Management LLC now owns 17,386 shares of the company’s stock valued at $717,000 after acquiring an additional 392 shares in the last quarter. MBE Wealth Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% in the third quarter. MBE Wealth Management LLC now owns 13,062 shares of the company’s stock valued at $548,000 after acquiring an additional 411 shares in the last quarter. Blackhawk Capital Partners LLC. boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.8% in the second quarter. Blackhawk Capital Partners LLC. now owns 57,937 shares of the company’s stock valued at $2,354,000 after acquiring an additional 441 shares in the last quarter. Finally, Ameritas Advisory Services LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.1% in the second quarter. Ameritas Advisory Services LLC now owns 41,402 shares of the company’s stock valued at $1,682,000 after acquiring an additional 464 shares in the last quarter.

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

NASDAQ:HYLS opened at $41.51 on Friday. The firm’s fifty day simple moving average is $41.80 and its 200 day simple moving average is $41.12. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $37.78 and a twelve month high of $42.35.

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

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.2075 per share. This represents a $2.49 annualized dividend and a yield of 6.00%. The ex-dividend date of this dividend is Tuesday, October 22nd.

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.