Ameritas Advisory Services LLC Reduces Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Ameritas Advisory Services LLC trimmed its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,807 shares of the company’s stock after selling 2,977 shares during the period. Ameritas Advisory Services LLC owned approximately 0.10% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,604,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Walker Asset Management LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.8% in the fourth quarter. Walker Asset Management LLC now owns 18,647 shares of the company’s stock valued at $771,000 after purchasing an additional 500 shares in the last quarter. KMG Fiduciary Partners LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% during the 4th quarter. KMG Fiduciary Partners LLC now owns 316,515 shares of the company’s stock valued at $13,082,000 after buying an additional 11,109 shares in the last quarter. Bennett Associates Wealth Management increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.2% during the fourth quarter. Bennett Associates Wealth Management now owns 45,412 shares of the company’s stock valued at $1,877,000 after buying an additional 7,328 shares during the period. Quad Cities Investment Group LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.2% in the fourth quarter. Quad Cities Investment Group LLC now owns 62,900 shares of the company’s stock worth $2,600,000 after buying an additional 1,345 shares in the last quarter. Finally, Marion Wealth Management bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at approximately $201,000.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.67 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.12 and a 1-year high of $42.55. The firm’s 50 day simple moving average is $41.61 and its 200 day simple moving average is $41.55.

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

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a $0.215 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21.

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.