American Financial Advisors LLC Sells 1,131 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

American Financial Advisors LLC trimmed its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 18.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,975 shares of the company’s stock after selling 1,131 shares during the period. American Financial Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $207,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of HYLS. Captrust Financial Advisors grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,052.7% during the second quarter. Captrust Financial Advisors now owns 1,510 shares of the company’s stock valued at $59,000 after acquiring an additional 1,379 shares during the last quarter. Global Retirement Partners LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock valued at $80,000 after acquiring an additional 322 shares during the last quarter. NBC Securities Inc. bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at approximately $110,000. Steward Partners Investment Advisory LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 62.2% during the first quarter. Steward Partners Investment Advisory LLC now owns 3,312 shares of the company’s stock valued at $132,000 after acquiring an additional 1,270 shares during the last quarter. Finally, ICA Group Wealth Management LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at approximately $139,000.

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

Shares of NASDAQ HYLS opened at $40.33 on Friday. The firm’s 50 day simple moving average is $41.02 and its two-hundred day simple moving average is $40.53. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $37.78 and a one year high of $41.79.

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 Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.22 dividend. This represents a $2.64 annualized dividend and a yield of 6.55%. The ex-dividend date was Thursday, March 21st.

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