Atria Wealth Solutions Inc. Sells 19,112 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Atria Wealth Solutions Inc. lessened its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 31.4% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 41,658 shares of the company’s stock after selling 19,112 shares during the quarter. Atria Wealth Solutions Inc. owned approximately 0.10% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,722,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% during the third quarter. Raymond James & Associates now owns 280,616 shares of the company’s stock worth $11,775,000 after buying an additional 61,485 shares during the period. Silver Oak Securities Incorporated grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.3% during the 3rd quarter. Silver Oak Securities Incorporated now owns 21,619 shares of the company’s stock worth $908,000 after acquiring an additional 1,079 shares during the period. Arkadios Wealth Advisors grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock worth $658,000 after acquiring an additional 289 shares during the period. J.W. Cole Advisors Inc. raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 48,518 shares of the company’s stock worth $2,036,000 after acquiring an additional 3,006 shares in the last quarter. Finally, Mutual Advisors LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 532.7% during the 3rd quarter. Mutual Advisors LLC now owns 31,850 shares of the company’s stock valued at $1,322,000 after purchasing an additional 26,816 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.6 %

NASDAQ HYLS opened at $41.45 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.12 and a one year high of $42.55. The business has a 50 day simple moving average of $41.54 and a 200 day simple moving average of $41.66.

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

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be paid a $0.215 dividend. The ex-dividend date is Friday, February 21st. This represents a $2.58 annualized dividend and a dividend yield of 6.22%.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF 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.