Flagstar Advisors Inc. Decreases Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Flagstar Advisors Inc. cut its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 41.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,044 shares of the company’s stock after selling 16,499 shares during the quarter. Flagstar Advisors Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $967,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Activest Wealth Management acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at approximately $52,000. Hilltop National Bank purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at approximately $77,000. Ashton Thomas Private Wealth LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth approximately $98,000. Finally, Raleigh Capital Management Inc. lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock valued at $126,000 after acquiring an additional 734 shares during the period.

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

HYLS stock opened at $41.56 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $39.92 and a 12 month high of $42.55. The firm’s fifty day simple moving average is $41.82 and its 200-day simple moving average is $41.28.

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

The business also recently declared a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.2075 per share. The ex-dividend date of this dividend is Thursday, November 21st.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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.