First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Stock Holdings Trimmed by LPL Financial LLC

LPL Financial LLC decreased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 8.7% in the 4th quarter, HoldingsChannel reports. The firm owned 2,903,116 shares of the company’s stock after selling 278,093 shares during the quarter. LPL Financial LLC owned approximately 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $119,986,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Jane Street Group LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at about $298,000. SBI Securities Co. Ltd. bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at approximately $38,000. Raymond James Financial Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at approximately $14,987,000. Proficio Capital Partners LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth approximately $598,000. Finally, Janney Montgomery Scott LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 165,170 shares of the company’s stock worth $6,827,000 after purchasing an additional 4,392 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.3 %

Shares of HYLS stock opened at $41.40 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.12 and a 1 year high of $42.55. The business’s fifty day moving average is $41.52 and its 200-day moving average is $41.66.

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

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.215 dividend. This represents a $2.58 annualized dividend and a yield of 6.23%. The ex-dividend date was Friday, February 21st.

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.