Assetmark Inc. Sells 13,054 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Assetmark Inc. trimmed its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 13.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,711 shares of the company’s stock after selling 13,054 shares during the quarter. Assetmark Inc. owned 0.21% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,437,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Morgan Stanley grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% in the 4th quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock worth $271,088,000 after purchasing an additional 488,701 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter worth approximately $17,915,000. LPL Financial LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% in the 4th quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock worth $164,841,000 after buying an additional 335,843 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,409.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 333,424 shares of the company’s stock valued at $13,957,000 after acquiring an additional 328,984 shares in the last quarter. Finally, Lido Advisors LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at approximately $3,007,000.

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

Shares of HYLS opened at $40.59 on Thursday. The stock has a 50 day moving average of $40.80 and a 200 day moving average of $41.07. 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.

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

The business also recently declared a dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be issued a $0.23 dividend. The ex-dividend date of this dividend is Tuesday, July 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.