Wagner Wealth Management LLC Lowers Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Wagner Wealth Management LLC trimmed its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 24,994 shares of the company’s stock after selling 348 shares during the quarter. Wagner Wealth Management LLC owned about 0.06% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,026,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.5% during the 4th quarter. Royal Bank of Canada now owns 815,924 shares of the company’s stock valued at $33,722,000 after buying an additional 103,535 shares during the period. Bank of America Corp DE grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 80.9% during the fourth quarter. Bank of America Corp DE now owns 761,374 shares of the company’s stock valued at $31,468,000 after acquiring an additional 340,538 shares during the period. Raymond James Financial Inc. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at about $14,987,000. Private Advisor Group LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 104.7% during the fourth quarter. Private Advisor Group LLC now owns 361,018 shares of the company’s stock valued at $14,921,000 after acquiring an additional 184,622 shares during the period. Finally, Jane Street Group LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4,796.8% during the fourth quarter. Jane Street Group LLC now owns 348,017 shares of the company’s stock valued at $14,384,000 after acquiring an additional 340,910 shares during the period.

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

HYLS stock opened at $41.57 on Tuesday. 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. The stock has a 50-day moving average price of $41.12 and a two-hundred day moving average price of $41.32.

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

The company also recently announced a monthly dividend, which was paid on Friday, May 30th. Stockholders of record on Wednesday, May 21st were issued a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date of this dividend was Wednesday, May 21st.

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.