New Wave Wealth Advisors LLC Sells 869 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

New Wave Wealth Advisors LLC cut its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 5.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,184 shares of the company’s stock after selling 869 shares during the period. New Wave Wealth Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $677,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. GAMMA Investing LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% in the second quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock valued at $39,000 after acquiring an additional 490 shares during the period. MGB Wealth Management LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter valued at $41,000. NBC Securities Inc. grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142,700.0% in the first quarter. NBC Securities Inc. now owns 1,428 shares of the company’s stock valued at $58,000 after acquiring an additional 1,427 shares during the period. Raleigh Capital Management Inc. grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 11.4% in the first quarter. Raleigh Capital Management Inc. now owns 3,274 shares of the company’s stock valued at $134,000 after acquiring an additional 335 shares during the period. Finally, IMG Wealth Management Inc. grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 30.0% in the first quarter. IMG Wealth Management Inc. now owns 3,761 shares of the company’s stock valued at $154,000 after acquiring an additional 867 shares during the period.

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

Shares of NASDAQ:HYLS opened at $42.10 on Thursday. The business’s fifty day moving average price is $41.98 and its two-hundred day moving average price is $41.50. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $39.49 and a fifty-two week high of $42.55.

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

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Thursday, September 25th were paid a $0.24 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) dividend on an annualized basis and a yield of 6.8%.

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.