DAVENPORT & Co LLC Reduces Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

DAVENPORT & Co LLC cut its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 18.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 40,712 shares of the company’s stock after selling 9,374 shares during the period. DAVENPORT & Co LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,702,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of HYLS. GAMMA Investing LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4,004.0% in the 1st quarter. GAMMA Investing LLC now owns 18,304 shares of the company’s stock valued at $751,000 after purchasing an additional 17,858 shares during the last quarter. NBC Securities Inc. increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142,700.0% in the 1st quarter. NBC Securities Inc. now owns 1,428 shares of the company’s stock valued at $58,000 after purchasing an additional 1,427 shares during the last quarter. Park Avenue Securities LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.6% in the 1st quarter. Park Avenue Securities LLC now owns 17,255 shares of the company’s stock valued at $708,000 after purchasing an additional 1,647 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.1% in the 1st quarter. Farther Finance Advisors LLC now owns 4,650 shares of the company’s stock valued at $191,000 after buying an additional 574 shares during the last quarter. Finally, RiverTree Advisors LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% in the 1st quarter. RiverTree Advisors LLC now owns 48,678 shares of the company’s stock valued at $1,998,000 after buying an additional 1,527 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.1%

NASDAQ HYLS opened at $41.89 on Friday. The firm’s fifty day moving average price is $42.02 and its 200 day moving average price is $41.53. 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.

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

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