Kingsview Wealth Management LLC Has $3.85 Million Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Kingsview Wealth Management LLC reduced its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 47.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,945 shares of the company’s stock after selling 83,299 shares during the quarter. Kingsview Wealth Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $3,849,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 376,237 shares of the company’s stock valued at $15,821,000 after buying an additional 48,285 shares in the last quarter. Elevation Capital Advisory LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 80.7% in the 4th quarter. Elevation Capital Advisory LLC now owns 113,362 shares of the company’s stock valued at $4,745,000 after buying an additional 50,644 shares in the last quarter. Holos Integrated Wealth LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at $2,410,000. BAM Wealth Management LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at $861,000. Finally, QP Wealth Management LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at $1,257,000.

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

Shares of HYLS stock opened at $40.90 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.01 and a 52-week high of $42.40. The firm has a fifty day moving average of $40.85 and a 200-day moving average of $41.34.

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

The firm also recently disclosed a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were paid a $0.23 dividend. The ex-dividend date was Thursday, May 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.