D.A. Davidson & CO. decreased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Free Report) by 2.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,871 shares of the company’s stock after selling 1,232 shares during the quarter. D.A. Davidson & CO. owned 0.11% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,715,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYLS. Activest Wealth Management acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth about $52,000. Hilltop National Bank acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth about $77,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth about $98,000. Finally, Raleigh Capital Management Inc. lifted its holdings in shares of 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 purchasing an additional 734 shares in the last quarter.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Price Performance
NASDAQ HYLS opened at $41.83 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.12 and a 52-week high of $42.55. The business has a 50 day simple moving average of $41.77 and a 200 day simple moving average of $41.32.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Announces Dividend
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.
Further Reading
- Five stocks we like better than First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
- Pros And Cons Of Monthly Dividend Stocks
- ServiceNow: Will the High-Flyer Finally Split in 2024?
- What Makes a Stock a Good Dividend Stock?
- MarketBeat Week in Review – 11/25 – 11/29
- The How And Why of Investing in Oil Stocks
- These 3 Stocks Are Heavy Hitters in Alternative Asset Management
Receive News & Ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.