First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by American Financial Advisors LLC

American Financial Advisors LLC trimmed its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 18.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,975 shares of the company’s stock after selling 1,131 shares during the period. American Financial Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $207,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of HYLS. First Trust Advisors LP raised its stake in shares of 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 buying an additional 988,586 shares in the last quarter. Jane Street Group LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6,920.7% during the 4th quarter. Jane Street Group LLC now owns 604,691 shares of the company’s stock worth $23,547,000 after buying an additional 596,078 shares in the last quarter. International Assets Investment Management 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 approximately $22,133,000. Imprint Wealth LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4,925.7% during the 2nd quarter. Imprint Wealth LLC now owns 344,662 shares of the company’s stock worth $34,466,000 after buying an additional 337,804 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 364,215 shares of the company’s stock worth $14,288,000 after buying an additional 214,209 shares in the last quarter.

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

Shares of HYLS stock opened at $40.33 on Friday. The stock has a 50 day simple moving average of $41.02 and a 200-day simple moving average of $40.53. 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 Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.22 dividend. This represents a $2.64 annualized dividend and a yield of 6.55%. The ex-dividend date of this dividend was Thursday, March 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.