First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by OMNI 360 Wealth Inc.

OMNI 360 Wealth Inc. lessened its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 8.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,533 shares of the company’s stock after selling 1,158 shares during the period. OMNI 360 Wealth Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $526,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of HYLS. Brookstone Capital Management grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.9% in the 1st quarter. Brookstone Capital Management now owns 34,038 shares of the company’s stock worth $1,403,000 after acquiring an additional 1,593 shares during the period. Register Financial Advisors LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter valued at $25,000. Iams Wealth Management LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.0% during the first quarter. Iams Wealth Management LLC now owns 18,048 shares of the company’s stock worth $742,000 after buying an additional 1,016 shares during the period. J.W. Cole Advisors Inc. boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.7% in the 1st quarter. J.W. Cole Advisors Inc. now owns 45,640 shares of the company’s stock worth $1,882,000 after buying an additional 5,839 shares during the last quarter. Finally, Private Advisor Group LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.5% in the 1st quarter. Private Advisor Group LLC now owns 248,121 shares of the company’s stock valued at $10,230,000 after buying an additional 3,769 shares during the period.

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

Shares of HYLS remained flat at $41.51 during trading hours on Friday. The company had a trading volume of 142,712 shares, compared to its average volume of 181,591. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $37.78 and a twelve month high of $42.35. The stock has a 50-day simple moving average of $41.80 and a two-hundred day simple moving average of $41.13.

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

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd will be issued a dividend of $0.2075 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend is Tuesday, October 22nd.

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.