Janney Montgomery Scott LLC Sells 3,174 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Janney Montgomery Scott LLC reduced its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 160,778 shares of the company’s stock after selling 3,174 shares during the period. Janney Montgomery Scott LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $6,746,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HYLS. Oppenheimer & Co. Inc. increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 33.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 47,944 shares of the company’s stock valued at $1,977,000 after buying an additional 12,025 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 18.0% in the first quarter. Concurrent Investment Advisors LLC now owns 122,277 shares of the company’s stock valued at $5,041,000 after buying an additional 18,650 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.0% in the first quarter. Kingsview Wealth Management LLC now owns 325,969 shares of the company’s stock valued at $13,440,000 after buying an additional 18,531 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter worth $3,155,000. Finally, Comerica Bank lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.9% in the 1st quarter. Comerica Bank now owns 27,950 shares of the company’s stock valued at $1,152,000 after acquiring an additional 1,054 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.2 %

HYLS stock opened at $41.90 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $39.32 and a fifty-two week high of $42.55. The business has a 50-day moving average of $41.82 and a 200-day moving average of $41.20.

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 Thursday, October 31st. Investors of record on Tuesday, October 22nd were given a $0.2075 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.