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

D.A. Davidson & CO. lessened its holdings 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 its most recent filing with the SEC. The firm owned 43,216 shares of the company’s stock after selling 17,586 shares during the quarter. D.A. Davidson & CO.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,753,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. BlueChip Wealth Advisors LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 39.1% during the first quarter. BlueChip Wealth Advisors LLC now owns 21,186 shares of the company’s stock valued at $860,000 after purchasing an additional 5,952 shares during the period. Chicago Partners Investment Group LLC raised its stake 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 valued at $2,151,000 after purchasing an additional 3,589 shares in the last quarter. Fifth Third Bancorp acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter worth about $1,185,000. Darwin Wealth Management LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 42.8% in the first quarter. Darwin Wealth Management LLC now owns 88,982 shares of the company’s stock worth $3,610,000 after purchasing an additional 26,681 shares during the period. Finally, Kestra Advisory Services LLC grew its position in 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 valued at $2,779,000 after buying an additional 1,666 shares in the last quarter.

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

Shares of HYLS opened at $40.61 on Wednesday. The firm has a 50-day moving average price of $40.81 and a 200 day moving average price of $41.08. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.01 and a 52-week high of $42.40.

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

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