StoneX Group Inc. Cuts Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

StoneX Group Inc. lessened its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 26.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 33,538 shares of the company’s stock after selling 11,971 shares during the quarter. StoneX Group Inc. owned approximately 0.09% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,407,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Activest Wealth Management purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter worth $27,000. Blackhawk Capital Partners LLC. grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% during the third quarter. Blackhawk Capital Partners LLC. now owns 62,035 shares of the company’s stock valued at $2,603,000 after purchasing an additional 4,098 shares in the last quarter. LPL Financial LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% in the third quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock worth $133,484,000 after purchasing an additional 668,100 shares during the last quarter. Moors & Cabot Inc. lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.8% in the third quarter. Moors & Cabot Inc. now owns 10,328 shares of the company’s stock worth $433,000 after buying an additional 1,006 shares in the last quarter. Finally, OneDigital Investment Advisors LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% during the third quarter. OneDigital Investment Advisors LLC now owns 32,275 shares of the company’s stock valued at $1,354,000 after buying an additional 513 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Performance

NASDAQ HYLS opened at $41.56 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $39.92 and a 1-year high of $42.55. The business has a 50 day simple moving average of $41.81 and a two-hundred day simple moving average of $41.29.

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

The firm also recently declared a dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a $0.2075 dividend. The ex-dividend date 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.