Ameritas Advisory Services LLC Sells 3,406 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Ameritas Advisory Services LLC lowered its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 8.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 35,287 shares of the company’s stock after selling 3,406 shares during the period. Ameritas Advisory Services LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,475,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HYLS. LPL Financial LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 21.6% in the 1st quarter. LPL Financial LLC now owns 3,528,904 shares of the company’s stock worth $144,826,000 after acquiring an additional 625,788 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 37.6% in the first quarter. Raymond James Financial Inc. now owns 498,836 shares of the company’s stock worth $20,472,000 after purchasing an additional 136,221 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 127.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 205,468 shares of the company’s stock worth $8,432,000 after purchasing an additional 115,243 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 163.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 132,971 shares of the company’s stock worth $5,457,000 after buying an additional 82,565 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 24.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 326,669 shares of the company’s stock worth $13,406,000 after buying an additional 64,050 shares during the last quarter.

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

Shares of NASDAQ:HYLS opened at $42.08 on Friday. The company’s fifty day moving average price is $41.99 and its 200-day moving average price is $41.52. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $39.49 and a one year high of $42.55.

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

The company also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were paid a $0.24 dividend. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend was Thursday, September 25th.

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.