First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by Private Advisory Group LLC

Private Advisory Group LLC reduced its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.6% during the 3rd quarter, Holdings Channel reports. The firm owned 60,428 shares of the company’s stock after selling 2,887 shares during the quarter. Private Advisory Group LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,536,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of HYLS. Cetera Investment Advisers grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 227.6% in the first quarter. Cetera Investment Advisers now owns 214,933 shares of the company’s stock valued at $8,862,000 after purchasing an additional 149,331 shares during the period. LPL Financial LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.5% in the second quarter. LPL Financial LLC now owns 2,513,109 shares of the company’s stock valued at $102,108,000 after purchasing an additional 131,309 shares during the period. Concurrent Investment Advisors LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 63.5% in the second quarter. Concurrent Investment Advisors LLC now owns 199,909 shares of the company’s stock valued at $8,122,000 after purchasing an additional 77,632 shares during the period. Flow Traders U.S. LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter valued at approximately $3,155,000. Finally, New Wave Wealth Advisors LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at approximately $2,990,000.

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

Shares of HYLS opened at $41.83 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $37.78 and a 12 month high of $42.35. The stock’s 50 day moving average is $41.66 and its two-hundred day moving average is $41.07.

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

The company also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.2075 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.95%. The ex-dividend date was Thursday, September 26th.

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.