Advisory Alpha LLC Sells 3,815 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Advisory Alpha LLC reduced its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 14.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,860 shares of the company’s stock after selling 3,815 shares during the quarter. Advisory Alpha LLC owned about 0.05% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $897,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of HYLS. MGB Wealth Management LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter valued at approximately $41,000. NBC Securities Inc. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142,700.0% during the 1st quarter. NBC Securities Inc. now owns 1,428 shares of the company’s stock worth $58,000 after buying an additional 1,427 shares during the period. Copia Wealth Management bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth about $90,000. Raleigh Capital Management Inc. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 11.4% in the first quarter. Raleigh Capital Management Inc. now owns 3,274 shares of the company’s stock valued at $134,000 after acquiring an additional 335 shares during the period. Finally, IMG Wealth Management Inc. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 30.0% in the first quarter. IMG Wealth Management Inc. now owns 3,761 shares of the company’s stock worth $154,000 after acquiring an additional 867 shares in the last quarter.

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

NASDAQ HYLS opened at $42.12 on Wednesday. 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. The stock’s 50-day moving average is $41.84 and its 200-day moving average is $41.42.

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

The business also recently announced a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.24 per share. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22. The ex-dividend date was Thursday, August 21st. This represents a c) annualized dividend and a yield of 6.8%.

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.