Integrated Advisors Network LLC Reduces Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Integrated Advisors Network LLC reduced its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 2.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,142 shares of the company’s stock after selling 1,021 shares during the period. Integrated Advisors Network LLC owned approximately 0.12% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,710,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in HYLS. Principal Securities Inc. purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth about $75,000. Global Retirement Partners LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock worth $80,000 after purchasing an additional 322 shares during the period. ROI Financial Advisors LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth about $222,000. Koshinski Asset Management Inc. purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth about $243,000. Finally, Diversified LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth about $257,000.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.15 during trading hours on Friday, hitting $40.79. The company had a trading volume of 116,664 shares, compared to its average volume of 173,496. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $37.78 and a 1 year high of $41.79. The company has a 50-day moving average price of $40.59 and a two-hundred day moving average price of $40.95.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 22nd were given a $0.2175 dividend. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $2.61 annualized dividend and a yield of 6.40%.

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.