Arkadios Wealth Advisors Sells 2,912 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Arkadios Wealth Advisors lowered its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 18.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 12,599 shares of the company’s stock after selling 2,912 shares during the period. Arkadios Wealth Advisors’ holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $517,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.1% in the 1st quarter. Farther Finance Advisors LLC now owns 4,650 shares of the company’s stock worth $191,000 after acquiring an additional 574 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 166,653 shares of the company’s stock worth $6,839,000 after acquiring an additional 1,483 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 24.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 326,669 shares of the company’s stock worth $13,406,000 after acquiring an additional 64,050 shares during the last quarter. GAMMA Investing LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4,004.0% in the 1st quarter. GAMMA Investing LLC now owns 18,304 shares of the company’s stock worth $751,000 after acquiring an additional 17,858 shares during the last quarter. Finally, NBC Securities Inc. grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142,700.0% in the 1st quarter. NBC Securities Inc. now owns 1,428 shares of the company’s stock worth $58,000 after acquiring an additional 1,427 shares during the last quarter.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.80 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $39.49 and a 12-month high of $42.55. The company’s fifty day simple moving average is $41.64 and its two-hundred day simple moving average is $41.36.

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

The company also recently declared a dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 22nd were issued a $0.23 dividend. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.22. The ex-dividend date of this dividend was Tuesday, July 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.