First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC cut its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,202 shares of the company’s stock after selling 1,053 shares during the period. Park Avenue Securities LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $677,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in HYLS. LPL Financial LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 21.6% during the 1st quarter. LPL Financial LLC now owns 3,528,904 shares of the company’s stock valued at $144,826,000 after buying an additional 625,788 shares during the period. Raymond James Financial Inc. grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 37.6% during the 1st quarter. Raymond James Financial Inc. now owns 498,836 shares of the company’s stock valued at $20,472,000 after buying an additional 136,221 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 127.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 205,468 shares of the company’s stock valued at $8,432,000 after buying an additional 115,243 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 163.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 132,971 shares of the company’s stock valued at $5,457,000 after buying an additional 82,565 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 24.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 326,669 shares of the company’s stock valued at $13,406,000 after buying an additional 64,050 shares during the period.

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

Shares of NASDAQ HYLS opened at $42.00 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $39.49 and a 52-week high of $42.55. The firm has a fifty day moving average of $41.95 and a 200-day moving average of $41.49.

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

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Thursday, September 25th will be given a dividend of $0.24 per share. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Thursday, September 25th.

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.