Atria Wealth Solutions Inc. Has $2.57 Million Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Atria Wealth Solutions Inc. lowered its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 51.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 61,879 shares of the company’s stock after selling 64,470 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,572,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of HYLS. International Assets Investment Management LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth $22,133,000. Commonwealth Equity Services LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 364,215 shares of the company’s stock valued at $14,288,000 after purchasing an additional 214,209 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 160.3% in the 3rd quarter. Kingsview Wealth Management LLC now owns 227,341 shares of the company’s stock valued at $8,919,000 after purchasing an additional 139,997 shares in the last quarter. One Capital Management LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.9% in the 3rd quarter. One Capital Management LLC now owns 1,355,148 shares of the company’s stock valued at $53,162,000 after purchasing an additional 132,856 shares in the last quarter. Finally, Wright Fund Management LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at $4,861,000.

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

Shares of NASDAQ:HYLS opened at $40.35 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $37.78 and a 52 week high of $41.79. The company’s fifty day moving average is $40.95 and its 200-day moving average is $40.60.

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

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Wednesday, April 24th will be paid a $0.2125 dividend. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $2.55 annualized dividend and a dividend yield of 6.32%.

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.