Rockport Wealth LLC Trims Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Rockport Wealth LLC reduced its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 57.6% during the first quarter, Holdings Channel.com reports. The fund owned 21,762 shares of the company’s stock after selling 29,571 shares during the quarter. Rockport Wealth LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $883,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Aptus Capital Advisors LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock valued at $27,000 after acquiring an additional 458 shares during the last quarter. Allworth Financial LP bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter worth approximately $29,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter worth approximately $33,000. Sound Income Strategies LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock worth $51,000 after purchasing an additional 1,115 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the fourth quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock valued at $56,000 after purchasing an additional 535 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.2%

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $40.82 on Thursday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.01 and a 1 year high of $42.40. The company has a 50 day simple moving average of $40.82 and a two-hundred day simple moving average of $41.11.

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

The business also recently disclosed a dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.23 per share. The ex-dividend date was Thursday, June 25th.

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

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.