LVZ Inc. Has $1.67 Million Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

LVZ Inc. trimmed its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLSFree Report) by 28.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 40,141 shares of the company’s stock after selling 15,626 shares during the period. LVZ Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,669,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. First Trust Advisors LP raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 44.6% during the 1st quarter. First Trust Advisors LP now owns 3,204,640 shares of the company’s stock worth $146,644,000 after purchasing an additional 988,586 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.7% in the 3rd quarter. LPL Financial LLC now owns 2,104,738 shares of the company’s stock worth $82,569,000 after buying an additional 113,806 shares during the last quarter. UBS Group AG boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.6% in the 1st quarter. UBS Group AG now owns 1,489,307 shares of the company’s stock worth $68,151,000 after buying an additional 9,533 shares during the last quarter. One Capital Management LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.9% in the 3rd quarter. One Capital Management LLC now owns 1,355,148 shares of the company’s stock worth $53,162,000 after buying an additional 132,856 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.3% in the 2nd quarter. Royal Bank of Canada now owns 1,242,738 shares of the company’s stock valued at $49,249,000 after acquiring an additional 39,797 shares during the period.

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

Shares of HYLS remained flat at $40.89 during midday trading on Wednesday. The stock had a trading volume of 78,085 shares, compared to its average volume of 181,062. The stock’s 50 day moving average is $41.17 and its 200-day moving average is $40.44. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $37.78 and a 12-month high of $41.79.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a dividend of $0.22 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date was Thursday, March 21st.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding HYLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLSFree Report).

Institutional Ownership by Quarter for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

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