Stifel Financial Corp Sells 25,936 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Stifel Financial Corp reduced its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 13.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 164,262 shares of the company’s stock after selling 25,936 shares during the quarter. Stifel Financial Corp’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $6,892,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in HYLS. International Assets Investment Management LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% during the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock worth $285,340,000 after acquiring an additional 6,788,436 shares during the period. LPL Financial LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during the 3rd quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock worth $133,484,000 after purchasing an additional 668,100 shares during the last quarter. Concurrent Investment Advisors LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 63.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 199,909 shares of the company’s stock worth $8,122,000 after purchasing an additional 77,632 shares during the last quarter. Heritage Oak Wealth Advisors LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter worth approximately $3,168,000. Finally, New Wave Wealth Advisors LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at $2,990,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.1 %

Shares of NASDAQ HYLS opened at $41.67 on Friday. The business has a fifty day moving average price of $41.74 and a two-hundred day moving average price of $41.41. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.12 and a fifty-two week high of $42.55.

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

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.215 dividend. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21.

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.