Integrated Advisors Network LLC Lowers Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Integrated Advisors Network LLC lowered its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 16.0% in the third quarter, Holdings Channel.com reports. The firm owned 36,583 shares of the company’s stock after selling 6,958 shares during the period. Integrated Advisors Network LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,535,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. International Assets Investment Management LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% in the third quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after purchasing an additional 6,788,436 shares during the period. LPL Financial LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.5% in the second quarter. LPL Financial LLC now owns 2,513,109 shares of the company’s stock valued at $102,108,000 after acquiring an additional 131,309 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% in the second quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock valued at $17,545,000 after acquiring an additional 18,714 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.0% in the first quarter. Kingsview Wealth Management LLC now owns 325,969 shares of the company’s stock valued at $13,440,000 after acquiring an additional 18,531 shares during the last quarter. Finally, KMG Fiduciary Partners LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.3% in the third quarter. KMG Fiduciary Partners LLC now owns 305,406 shares of the company’s stock valued at $12,815,000 after acquiring an additional 35,931 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.0 %

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.53 on Thursday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $38.20 and a twelve month high of $42.35. The business’s fifty day moving average price is $41.80 and its 200 day moving average price is $41.14.

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

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd will be issued a $0.2075 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Tuesday, October 22nd.

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.