Stephens Inc. AR Trims Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Stephens Inc. AR cut its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 92.9% during the 1st quarter, Holdings Channel reports. The firm owned 7,858 shares of the company’s stock after selling 102,605 shares during the period. Stephens Inc. AR’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $319,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HYLS. Aptus Capital Advisors LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock worth $27,000 after purchasing an additional 458 shares during the last quarter. Allworth Financial LP acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at $29,000. Sound Income Strategies LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% during the 4th quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock valued at $51,000 after buying an additional 1,115 shares during the last quarter. IFP Advisors Inc increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% during the fourth quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock worth $56,000 after buying an additional 535 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% during the second quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $58,000 after buying an additional 841 shares in the last quarter.

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

NASDAQ HYLS opened at $40.69 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.01 and a fifty-two week high of $42.40. The business has a fifty day moving average of $40.83 and a 200-day moving average of $41.13.

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

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.23 per share. The ex-dividend date was Thursday, June 25th.

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.