Harbour Investments Inc. Sells 5,357 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Harbour Investments Inc. lowered its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 8.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 54,931 shares of the company’s stock after selling 5,357 shares during the period. Harbour Investments Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,270,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of HYLS. Commonwealth Equity Services LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 101,995 shares of the company’s stock valued at $4,215,000 after purchasing an additional 6,865 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 21.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 87,346 shares of the company’s stock valued at $3,610,000 after acquiring an additional 15,610 shares during the last quarter. Moors & Cabot Inc. boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 22.8% during the 4th quarter. Moors & Cabot Inc. now owns 12,678 shares of the company’s stock valued at $524,000 after acquiring an additional 2,350 shares in the last quarter. Independent Advisor Alliance bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth $13,428,000. Finally, Elevation Capital Advisory LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 4th quarter. Elevation Capital Advisory LLC now owns 70,415 shares of the company’s stock worth $2,910,000 after purchasing an additional 1,309 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.1 %

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.20 on Tuesday. The stock has a 50-day moving average price of $41.52 and a two-hundred day moving average price of $41.67. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.12 and a 12 month high of $42.55.

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

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.215 per share. The ex-dividend date was Friday, February 21st. This represents a $2.58 annualized dividend and a yield of 6.26%.

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.