Silver Oak Securities Incorporated Sells 15,023 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Silver Oak Securities Incorporated lessened its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 71.0% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,122 shares of the company’s stock after selling 15,023 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $248,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Morgan Stanley increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% in the 4th quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock worth $271,088,000 after acquiring an additional 488,701 shares during the last quarter. Jane Street Group LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth approximately $17,915,000. LPL Financial LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% in the fourth quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock worth $164,841,000 after purchasing an additional 335,843 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,409.5% in 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 in the last quarter. Finally, Elevation Point Wealth Partners LLC purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at approximately $10,000,000.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $40.61 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.01 and a 1 year high of $42.40. The company has a 50 day simple moving average of $40.89 and a two-hundred day simple moving average of $41.20.

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 Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Thursday, June 25th.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.