First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by Legacy Capital Wealth Partners LLC

Legacy Capital Wealth Partners LLC reduced its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 5.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 46,250 shares of the company’s stock after selling 2,659 shares during the quarter. Legacy Capital Wealth Partners LLC owned 0.13% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,923,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Diversified LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth approximately $257,000. Accel Wealth Management lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.8% during the 4th quarter. Accel Wealth Management now owns 7,549 shares of the company’s stock worth $314,000 after buying an additional 976 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 52.6% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 180,825 shares of the company’s stock worth $7,094,000 after buying an additional 62,330 shares in the last quarter. Imprint Wealth LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.9% during the 4th quarter. Imprint Wealth LLC now owns 10,930 shares of the company’s stock worth $454,000 after buying an additional 1,073 shares in the last quarter. Finally, Brookstone Capital Management lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% during the 4th quarter. Brookstone Capital Management now owns 32,445 shares of the company’s stock worth $1,349,000 after buying an additional 1,326 shares in the last quarter.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded up $0.12 during mid-day trading on Friday, reaching $40.35. 188,149 shares of the company’s stock were exchanged, compared to its average volume of 186,310. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $37.78 and a twelve month high of $41.79. The company has a fifty day moving average of $40.95 and a 200-day moving average of $40.60.

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

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Wednesday, April 24th will be issued a dividend of $0.2125 per share. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $2.55 dividend on an annualized basis and a yield of 6.32%.

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.