Capital Investment Advisory Services LLC Sells 1,178 Shares of First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Capital Investment Advisory Services LLC lowered its holdings in shares of First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,060 shares of the company’s stock after selling 1,178 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in First Trust Tactical High Yield ETF were worth $626,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of HYLS. Global Retirement Partners LLC boosted its stake in shares of First Trust Tactical High Yield ETF by 19.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock valued at $80,000 after purchasing an additional 322 shares during the period. Moors & Cabot Inc. increased its holdings in First Trust Tactical High Yield ETF by 5.2% during the 3rd quarter. Moors & Cabot Inc. now owns 8,050 shares of the company’s stock worth $316,000 after purchasing an additional 398 shares during the period. RVW Wealth LLC raised its position in First Trust Tactical High Yield ETF by 3.9% during the 4th quarter. RVW Wealth LLC now owns 11,114 shares of the company’s stock valued at $462,000 after purchasing an additional 419 shares in the last quarter. CoreCap Advisors LLC grew its position in shares of First Trust Tactical High Yield ETF by 1.4% during the 4th quarter. CoreCap Advisors LLC now owns 31,717 shares of the company’s stock worth $1,318,000 after buying an additional 450 shares in the last quarter. Finally, Private Trust Co. NA boosted its position in First Trust Tactical High Yield ETF by 8.1% during the 4th quarter. Private Trust Co. NA now owns 8,776 shares of the company’s stock valued at $365,000 after acquiring an additional 657 shares in the last quarter.

First Trust Tactical High Yield ETF Price Performance

HYLS opened at $40.50 on Tuesday. First Trust Tactical High Yield ETF has a 12 month low of $37.78 and a 12 month high of $41.79. The stock has a fifty day moving average price of $41.00 and a 200-day moving average price of $40.57.

First Trust Tactical High Yield ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were given a dividend of $0.22 per share. The ex-dividend date was Thursday, March 21st. This represents a $2.64 dividend on an annualized basis and a yield of 6.52%.

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.