First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by Murphy Middleton Hinkle & Parker Inc.

Murphy Middleton Hinkle & Parker Inc. lowered its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,691 shares of the company’s stock after selling 1,689 shares during the period. Murphy Middleton Hinkle & Parker Inc. owned about 0.05% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clarus Wealth Advisors increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.1% in the first quarter. Clarus Wealth Advisors now owns 8,920 shares of the company’s stock valued at $354,000 after buying an additional 267 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% in the 1st quarter. Brookstone Capital Management now owns 17,113 shares of the company’s stock valued at $681,000 after acquiring an additional 380 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 11,269 shares of the company’s stock worth $448,000 after acquiring an additional 456 shares in the last quarter. Prostatis Group LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the first quarter. Prostatis Group LLC now owns 31,268 shares of the company’s stock worth $1,243,000 after purchasing an additional 582 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.0% in the first quarter. Capital Investment Advisors LLC now owns 10,635 shares of the company’s stock valued at $423,000 after purchasing an additional 604 shares in the last quarter.

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

NASDAQ HYLS traded up $0.06 on Thursday, reaching $39.90. The stock had a trading volume of 21,742 shares, compared to its average volume of 222,239. The business’s 50-day moving average price is $39.70 and its 200 day moving average price is $39.64. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $38.07 and a 12-month high of $41.16.

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

The firm also recently declared a monthly dividend, which was paid on Thursday, August 31st. Investors of record on Wednesday, August 23rd were paid a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a yield of 6.47%. The ex-dividend date was Tuesday, August 22nd.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.