Capital Investment Advisory Services LLC Decreases Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Capital Investment Advisory Services LLC trimmed its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,514 shares of the company’s stock after selling 766 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $435,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. SteelPeak Wealth LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.6% in the fourth quarter. SteelPeak Wealth LLC now owns 15,800 shares of the company’s stock valued at $653,000 after purchasing an additional 400 shares during the last quarter. Perigon Wealth Management LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 68.2% during the 4th quarter. Perigon Wealth Management LLC now owns 21,289 shares of the company’s stock valued at $885,000 after buying an additional 8,633 shares during the last quarter. Foundations Investment Advisors LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth $535,000. Lighthouse Wealth Management Inc. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth about $632,000. Finally, Aurora Private Wealth Inc. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 12.4% in the 4th quarter. Aurora Private Wealth Inc. now owns 11,797 shares of the company’s stock valued at $488,000 after acquiring an additional 1,305 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1 %

Shares of NASDAQ:HYLS opened at $41.63 on Friday. The company has a 50-day moving average price of $41.60 and a two-hundred day moving average price of $41.59. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $40.12 and a twelve month high of $42.55.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were paid a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.20%. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, January 22nd.

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.