StoneX Group Inc. Sells 5,353 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

StoneX Group Inc. lowered its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,788 shares of the company’s stock after selling 5,353 shares during the period. StoneX Group Inc. owned 0.23% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,413,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Diversified LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth approximately $257,000. Accel Wealth Management increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.8% during the 4th quarter. Accel Wealth Management now owns 7,549 shares of the company’s stock worth $314,000 after acquiring an additional 976 shares during the period. Imprint Wealth LLC raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.9% in the 4th quarter. Imprint Wealth LLC now owns 10,930 shares of the company’s stock valued at $454,000 after acquiring an additional 1,073 shares in the last quarter. KMG Fiduciary Partners LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.5% during the 1st quarter. KMG Fiduciary Partners LLC now owns 261,451 shares of the company’s stock valued at $10,780,000 after acquiring an additional 33,048 shares during the period. Finally, D.A. Davidson & CO. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.9% during the 4th quarter. D.A. Davidson & CO. now owns 35,373 shares of the company’s stock worth $1,470,000 after purchasing an additional 8,765 shares in the last quarter.

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

HYLS stock traded up $0.10 during midday trading on Friday, reaching $40.83. The company had a trading volume of 82,452 shares, compared to its average volume of 169,877. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $37.78 and a 1-year high of $41.79. The stock has a 50 day moving average price of $40.69 and a 200-day moving average price of $40.95.

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

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a $0.2175 dividend. This represents a $2.61 annualized dividend and a dividend yield of 6.39%. The ex-dividend date of this dividend was Thursday, June 27th.

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.