Randall & Associates Wealth Management Sells 17,141 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Randall & Associates Wealth Management lowered its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 26.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 46,719 shares of the company’s stock after selling 17,141 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises about 1.1% of Randall & Associates Wealth Management’s portfolio, making the stock its 18th largest holding. Randall & Associates Wealth Management’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,835,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in HYLS. Darwin Wealth Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 42.8% during the first quarter. Darwin Wealth Management LLC now owns 88,982 shares of the company’s stock worth $3,610,000 after purchasing an additional 26,681 shares during the last quarter. Western Wealth Management LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 377.5% in the 1st quarter. Western Wealth Management LLC now owns 54,371 shares of the company’s stock worth $2,206,000 after purchasing an additional 42,984 shares in the last quarter. NewEdge Advisors LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.7% in the 1st quarter. NewEdge Advisors LLC now owns 161,442 shares of the company’s stock valued at $6,550,000 after buying an additional 19,512 shares during the last quarter. RFG Advisory LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 203.8% in the 1st quarter. RFG Advisory LLC now owns 32,147 shares of the company’s stock valued at $1,304,000 after buying an additional 21,564 shares during the last quarter. Finally, Citadel Advisors LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 100.4% in the 2nd quarter. Citadel Advisors LLC now owns 46,407 shares of the company’s stock valued at $1,886,000 after buying an additional 23,250 shares during the last quarter.

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 opened at $39.48 on Wednesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $39.01 and a 52 week high of $42.40. The company’s 50 day moving average price is $40.09 and its two-hundred day moving average price is $40.56.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st will be paid a $0.22 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Wednesday, October 21st.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.