First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. reduced its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 28.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,216 shares of the company’s stock after selling 17,586 shares during the quarter. D.A. Davidson & CO. owned about 0.11% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,753,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. BlueChip Wealth Advisors LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 39.1% in the first quarter. BlueChip Wealth Advisors LLC now owns 21,186 shares of the company’s stock valued at $860,000 after buying an additional 5,952 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.3% during the first quarter. Chicago Partners Investment Group LLC now owns 52,473 shares of the company’s stock worth $2,151,000 after acquiring an additional 3,589 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter worth about $1,185,000. Darwin Wealth Management LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 42.8% in the 1st quarter. Darwin Wealth Management LLC now owns 88,982 shares of the company’s stock worth $3,610,000 after acquiring an additional 26,681 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.5% in the 1st quarter. Kestra Advisory Services LLC now owns 68,510 shares of the company’s stock worth $2,779,000 after acquiring an additional 1,666 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.7%

Shares of NASDAQ:HYLS opened at $40.61 on Wednesday. The company’s 50-day moving average price is $40.81 and its 200 day moving average price is $41.08. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.01 and a fifty-two week high of $42.40.

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

The company also recently declared a dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 21st will be paid a $0.23 dividend. The ex-dividend date 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.