First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by One Capital Management LLC

One Capital Management LLC cut its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 42.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 352,126 shares of the company’s stock after selling 260,145 shares during the quarter. One Capital Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $14,307,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HYLS. Register Financial Advisors LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at $52,000. Principal Securities Inc. acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth $75,000. Hilltop National Bank purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $77,000. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter valued at about $98,000.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.95 on Monday. The company has a 50-day moving average price of $41.27 and a 200 day moving average price of $40.97. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $37.78 and a 12-month high of $41.97.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were issued a $0.2125 dividend. This represents a $2.55 dividend on an annualized basis and a yield of 6.08%. The ex-dividend date was Wednesday, August 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.