First Trust Advisors LP Sells 98,998 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

First Trust Advisors LP cut its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 3.5% in the first quarter, HoldingsChannel reports. The firm owned 2,700,445 shares of the company’s stock after selling 98,998 shares during the period. First Trust Advisors LP owned 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $109,557,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Aptus Capital Advisors LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% in the third quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock worth $27,000 after buying an additional 458 shares during the last quarter. Allworth Financial LP acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at about $29,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter valued at about $33,000. Sound Income Strategies LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock valued at $51,000 after acquiring an additional 1,115 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the 4th quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock valued at $56,000 after acquiring an additional 535 shares in the last quarter.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $40.53 on Friday. The stock has a 50 day moving average price of $40.79 and a two-hundred day moving average price of $41.06. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $40.01 and a 12-month high of $42.40.

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

The company also recently announced a dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid 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.