Darwin Wealth Management LLC Reduces Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Darwin Wealth Management LLC decreased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 8.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 93,578 shares of the company’s stock after selling 8,765 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF makes up approximately 1.1% of Darwin Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding. Darwin Wealth Management LLC owned 0.26% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,890,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of HYLS. Global Retirement Partners LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock valued at $80,000 after acquiring an additional 322 shares during the period. Moors & Cabot Inc. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.2% during the 3rd quarter. Moors & Cabot Inc. now owns 8,050 shares of the company’s stock worth $316,000 after buying an additional 398 shares during the period. RVW Wealth LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.9% during the 4th quarter. RVW Wealth LLC now owns 11,114 shares of the company’s stock worth $462,000 after buying an additional 419 shares during the period. CoreCap Advisors LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.4% during the 4th quarter. CoreCap Advisors LLC now owns 31,717 shares of the company’s stock worth $1,318,000 after buying an additional 450 shares during the period. Finally, Private Trust Co. NA raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.1% during the 4th quarter. Private Trust Co. NA now owns 8,776 shares of the company’s stock worth $365,000 after buying an additional 657 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.0 %

Shares of HYLS stock traded down $0.02 during trading hours on Friday, hitting $40.62. 27,894 shares of the company’s stock were exchanged, compared to its average volume of 182,549. The firm has a 50 day moving average of $40.87 and a two-hundred day moving average of $40.71. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $37.78 and a fifty-two week high of $41.79.

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

The company also recently declared a monthly dividend, which was paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th were given a dividend of $0.2125 per share. This represents a $2.55 annualized dividend and a dividend yield of 6.28%. The ex-dividend date was Tuesday, April 23rd.

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.