Morgan Stanley cut its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.1% in the 2nd quarter, Holdings Channel reports. The firm owned 3,215,987 shares of the company’s stock after selling 138,457 shares during the period. Morgan Stanley owned approximately 0.13% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $151,442,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Clarus Wealth Advisors bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter valued at approximately $143,000. M&T Bank Corp bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter valued at approximately $232,000. Millennium Management LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter valued at approximately $278,000. Wealthsource Partners LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter worth approximately $291,000. Finally, Castle Rock Wealth Management LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter worth approximately $295,000.

Shares of HYLS opened at $47.75 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $47.05 and a fifty-two week high of $49.30.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 28th. Stockholders of record on Monday, September 17th will be issued a $0.215 dividend. The ex-dividend date is Friday, September 14th. This represents a $2.58 dividend on an annualized basis and a dividend yield of 5.40%.

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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:HYLS).

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

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