Stephens Inc. AR Decreases Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Stephens Inc. AR reduced its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 92.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor 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.

Several other hedge funds and other institutional investors have also recently made changes to their positions in HYLS. Elevation Capital Advisory LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 80.7% in the fourth 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 purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth approximately $2,410,000. QP Wealth Management LLC purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth approximately $1,257,000. BAM Wealth Management LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth approximately $861,000. Finally, Assetmark Inc. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 24.9% in the 4th quarter. Assetmark Inc. now owns 97,765 shares of the company’s stock worth $4,092,000 after acquiring an additional 19,468 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.1%

NASDAQ HYLS opened at $40.69 on Tuesday. The business has a 50 day moving average price of $40.83 and a 200 day moving average price of $41.13. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.01 and a 1-year high of $42.40.

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

The company also recently declared a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.23 dividend. The ex-dividend date was Thursday, June 25th.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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.