Stratos Wealth Partners LTD. Lowers Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Stratos Wealth Partners LTD. lowered its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 0.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 105,651 shares of the company’s stock after selling 757 shares during the quarter. Stratos Wealth Partners LTD. owned 0.27% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $4,417,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Private Trust Co. NA increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.4% during the 2nd quarter. Private Trust Co. NA now owns 11,335 shares of the company’s stock worth $474,000 after purchasing an additional 1,343 shares during the last quarter. MGO One Seven LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.7% during the second quarter. MGO One Seven LLC now owns 7,434 shares of the company’s stock valued at $311,000 after acquiring an additional 1,224 shares during the last quarter. Prostatis Group LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 17.5% in the 2nd quarter. Prostatis Group LLC now owns 122,436 shares of the company’s stock valued at $5,119,000 after acquiring an additional 18,249 shares during the period. IFP Advisors Inc lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% in the 2nd quarter. IFP Advisors Inc now owns 595 shares of the company’s stock worth $25,000 after acquiring an additional 254 shares during the last quarter. Finally, Belpointe Asset Management LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.5% in the 2nd quarter. Belpointe Asset Management LLC now owns 6,940 shares of the company’s stock worth $290,000 after acquiring an additional 542 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.0%

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.99 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $39.49 and a fifty-two week high of $42.55. The firm has a 50 day moving average price of $42.03 and a 200 day moving average price of $41.57.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.24 dividend. This represents a c) annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Thursday, September 25th.

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.