Assetmark Inc. Decreases Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Assetmark Inc. decreased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 13.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 84,711 shares of the company’s stock after selling 13,054 shares during the period. Assetmark Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $3,437,000 as of its most recent filing with the Securities and Exchange Commission.

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

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

HYLS opened at $40.59 on Thursday. The firm has a 50-day moving average price of $40.80 and a 200-day moving average price of $41.07. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $40.01 and a twelve month high of $42.40.

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

The business also recently disclosed a dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a dividend of $0.23 per share. The ex-dividend date 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.