Ameritas Advisory Services LLC Sells 15,670 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Ameritas Advisory Services LLC trimmed its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 51.6% during the 4th quarter, HoldingsChannel reports. The firm owned 14,689 shares of the company’s stock after selling 15,670 shares during the quarter. Ameritas Advisory Services LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $615,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in HYLS. World Investment Advisors grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.8% in the fourth quarter. World Investment Advisors now owns 7,586 shares of the company’s stock worth $318,000 after acquiring an additional 278 shares in the last quarter. Fairway Financial LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.7% in the fourth quarter. Fairway Financial LLC now owns 15,642 shares of the company’s stock valued at $655,000 after purchasing an additional 1,378 shares during the period. Blackhawk Capital Partners LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 16.7% in the fourth quarter. Blackhawk Capital Partners LLC now owns 138,887 shares of the company’s stock valued at $5,814,000 after purchasing an additional 19,865 shares during the period. Luken Investment Analytics LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.2% in the fourth quarter. Luken Investment Analytics LLC now owns 12,775 shares of the company’s stock valued at $535,000 after purchasing an additional 272 shares during the period. Finally, FSB Premier Wealth Management Inc. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.6% in the fourth quarter. FSB Premier Wealth Management Inc. now owns 45,268 shares of the company’s stock worth $1,895,000 after buying an additional 1,981 shares in the last quarter.

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

Shares of NASDAQ:HYLS opened at $40.79 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $40.01 and a 52 week high of $42.40. The firm has a 50 day moving average of $40.87 and a 200 day moving average of $41.41.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Tuesday, April 21st were paid a $0.225 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a c) dividend on an annualized basis and a yield of 6.6%.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.