First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Stock Sold by Randall & Associates Wealth Management

Randall & Associates Wealth Management lowered its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 26.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund 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 makes up approximately 1.1% of Randall & Associates Wealth Management’s portfolio, making the stock its 18th biggest holding. Randall & Associates Wealth Management owned about 0.12% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,835,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. World Investment Advisors increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.3% during the 1st quarter. World Investment Advisors now owns 7,838 shares of the company’s stock worth $318,000 after purchasing an additional 252 shares in the last quarter. Wagner Wealth Management LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% in the first quarter. Wagner Wealth Management LLC now owns 16,406 shares of the company’s stock worth $666,000 after purchasing an additional 257 shares during the last quarter. ROI Financial Advisors LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.8% in the first quarter. ROI Financial Advisors LLC now owns 5,459 shares of the company’s stock worth $221,000 after purchasing an additional 299 shares during the last quarter. Tucker Asset Management LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 460.7% in the second quarter. Tucker Asset Management LLC now owns 628 shares of the company’s stock valued at $26,000 after purchasing an additional 516 shares in the last quarter. Finally, IMG Wealth Management Inc. lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 12.3% in the first quarter. IMG Wealth Management Inc. now owns 5,147 shares of the company’s stock valued at $209,000 after purchasing an additional 565 shares in the last quarter.

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

HYLS stock opened at $39.48 on Wednesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $39.01 and a twelve month high of $42.40. The stock’s 50 day moving average is $40.09 and its 200-day moving average is $40.56.

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

The business also recently declared a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 21st will be issued a dividend of $0.22 per share. The ex-dividend date is Wednesday, October 21st. This represents a $2.64 annualized dividend and a yield of 6.7%.

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.