First Trust Advisors LP cut its stake in First Trust Exchange-Traded Fund IV (NASDAQ:HYLS) by 6.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 3,547,500 shares of the company’s stock after selling 226,649 shares during the quarter. First Trust Advisors LP owned about 0.14% of First Trust Exchange-Traded Fund IV worth $172,302,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HYLS. Steward Partners Investment Advisory LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV by 8,352.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,719 shares of the company’s stock valued at $180,000 after acquiring an additional 3,675 shares during the period. Cetera Advisors LLC purchased a new position in First Trust Exchange-Traded Fund IV during the 4th quarter worth $218,000. Cetera Advisor Networks LLC grew its stake in First Trust Exchange-Traded Fund IV by 31.3% during the 4th quarter. Cetera Advisor Networks LLC now owns 5,614 shares of the company’s stock worth $273,000 after buying an additional 1,338 shares during the last quarter. Atria Investments LLC purchased a new position in First Trust Exchange-Traded Fund IV during the 4th quarter worth $695,000. Finally, Prospera Financial Services Inc grew its stake in First Trust Exchange-Traded Fund IV by 16.4% during the 4th quarter. Prospera Financial Services Inc now owns 16,150 shares of the company’s stock worth $786,000 after buying an additional 2,280 shares during the last quarter.

First Trust Exchange-Traded Fund IV (HYLS) opened at $47.88 on Wednesday. First Trust Exchange-Traded Fund IV has a one year low of $47.63 and a one year high of $49.76.

The firm also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Wednesday, January 24th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, January 23rd. This represents a $2.76 annualized dividend and a yield of 5.76%.

ILLEGAL ACTIVITY NOTICE: “First Trust Advisors LP Has $172.30 Million Stake in First Trust Exchange-Traded Fund IV (HYLS)” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The original version of this report can be accessed at https://www.thecerbatgem.com/2018/02/14/first-trust-advisors-lp-has-172-30-million-stake-in-first-trust-exchange-traded-fund-iv-hyls.html.

Want to see what other hedge funds are holding HYLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Exchange-Traded Fund IV (NASDAQ:HYLS).

Institutional Ownership by Quarter for First Trust Exchange-Traded Fund IV (NASDAQ:HYLS)

Receive News & Ratings for First Trust Exchange-Traded Fund IV 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 and related companies with MarketBeat.com's FREE daily email newsletter.