Integrated Advisors Network LLC Reduces Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Integrated Advisors Network LLC trimmed its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 25.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,404 shares of the company’s stock after selling 9,179 shares during the period. Integrated Advisors Network LLC owned 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,133,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Helium Advisors LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at $212,000. Snowden Capital Advisors LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 24,008 shares of the company’s stock valued at $992,000 after purchasing an additional 1,488 shares during the last quarter. Royal Bank of Canada boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.5% during the fourth quarter. Royal Bank of Canada now owns 815,924 shares of the company’s stock worth $33,722,000 after purchasing an additional 103,535 shares during the period. CoreCap Advisors LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 43,971.7% in the fourth quarter. CoreCap Advisors LLC now owns 26,443 shares of the company’s stock worth $1,093,000 after purchasing an additional 26,383 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 21.7% in the fourth quarter. Cetera Investment Advisers now owns 258,056 shares of the company’s stock worth $10,665,000 after purchasing an additional 45,939 shares in the last quarter.

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

NASDAQ HYLS opened at $41.06 on Tuesday. The company’s 50 day moving average is $40.94 and its 200-day moving average is $41.35. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $39.49 and a 12-month high of $42.55.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.215 per share. The ex-dividend date is Wednesday, May 21st. This represents a $2.58 dividend on an annualized basis and a yield of 6.28%.

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.