One Capital Management LLC Lowers Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

One Capital Management LLC trimmed its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 23.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 233,766 shares of the company’s stock after selling 73,405 shares during the quarter. One Capital Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $9,662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of HYLS. Moloney Securities Asset Management LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.0% during the third quarter. Moloney Securities Asset Management LLC now owns 19,352 shares of the company’s stock valued at $812,000 after buying an additional 739 shares in the last quarter. Concurrent Investment Advisors LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% during the third quarter. Concurrent Investment Advisors LLC now owns 208,021 shares of the company’s stock valued at $8,729,000 after purchasing an additional 8,112 shares during the last quarter. TFB Advisors LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at $220,000. Assetmark Inc. increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 70.5% during the third quarter. Assetmark Inc. now owns 73,687 shares of the company’s stock valued at $3,092,000 after purchasing an additional 30,477 shares during the last quarter. Finally, Atria Investments Inc grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 85.3% during the third quarter. Atria Investments Inc now owns 11,718 shares of the company’s stock worth $492,000 after acquiring an additional 5,395 shares during the last quarter.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.56 on Thursday. The company has a 50-day simple moving average of $41.55 and a 200-day simple moving average of $41.68. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.12 and a one year high of $42.55.

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

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders 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 dividend on an annualized basis and a dividend yield of 6.21%.

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.