NewEdge Advisors LLC Decreases Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

NewEdge Advisors LLC cut its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 72.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,985 shares of the company’s stock after selling 102,945 shares during the quarter. NewEdge Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,582,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in HYLS. Elevation Capital Advisory LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 80.7% in the 4th quarter. Elevation Capital Advisory LLC now owns 113,362 shares of the company’s stock valued at $4,745,000 after acquiring an additional 50,644 shares during the period. Assetmark Inc. raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 24.9% in the fourth quarter. Assetmark Inc. now owns 97,765 shares of the company’s stock valued at $4,092,000 after purchasing an additional 19,468 shares during the period. LPL Financial LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% in the fourth quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock valued at $164,841,000 after purchasing an additional 335,843 shares during the period. BAM 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 valued at approximately $861,000. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 243.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 92,767 shares of the company’s stock valued at $3,883,000 after buying an additional 65,793 shares in the last quarter.

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

HYLS opened at $40.49 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.01 and a 12 month high of $42.40. The company has a 50 day moving average of $40.75 and a 200 day moving average of $41.01.

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

The business also recently announced a dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, July 21st.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.