First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Sold by First Trust Advisors LP

First Trust Advisors LP decreased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 3.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,700,445 shares of the company’s stock after selling 98,998 shares during the quarter. First Trust Advisors LP owned 6.74% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $109,557,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of HYLS. Morgan Stanley lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% in the fourth quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock worth $271,088,000 after purchasing an additional 488,701 shares during the period. Jane Street Group LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter valued at $17,915,000. LPL Financial LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% in the 4th quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock worth $164,841,000 after buying an additional 335,843 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,409.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 333,424 shares of the company’s stock worth $13,957,000 after buying an additional 328,984 shares in the last quarter. Finally, Lido Advisors LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at $3,007,000.

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

Shares of HYLS stock opened at $40.53 on Friday. The stock has a 50-day simple moving average of $40.79 and a 200 day simple moving average of $41.06. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.01 and a fifty-two week high of $42.40.

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

The firm also recently declared a dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be given a $0.23 dividend. The ex-dividend date is Tuesday, July 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.