Sebold Capital Management Inc. Sells 5,693 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Sebold Capital Management Inc. trimmed its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 46.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,595 shares of the company’s stock after selling 5,693 shares during the period. Sebold Capital Management Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $274,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HYLS. Raymond James & Associates increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% during the fourth quarter. Raymond James & Associates now owns 213,850 shares of the company’s stock valued at $8,890,000 after purchasing an additional 8,776 shares in the last quarter. CoreCap Advisors LLC lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.4% in the fourth quarter. CoreCap Advisors LLC now owns 31,717 shares of the company’s stock worth $1,318,000 after buying an additional 450 shares in the last quarter. Kure Advisory LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at approximately $2,841,000. Brookstone Capital Management increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% in the 4th quarter. Brookstone Capital Management now owns 32,445 shares of the company’s stock worth $1,349,000 after purchasing an additional 1,326 shares in the last quarter. Finally, KMG Fiduciary Partners LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the fourth quarter. KMG Fiduciary Partners LLC now owns 228,403 shares of the company’s stock valued at $9,495,000 after purchasing an additional 4,325 shares in the last quarter.

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

Shares of NASDAQ:HYLS opened at $41.21 on Thursday. The business has a 50-day simple moving average of $41.17 and a two-hundred day simple moving average of $40.40. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $37.78 and a fifty-two week high of $41.79.

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

The business also recently announced a monthly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, March 21st. This represents a $2.64 dividend on an annualized basis and a yield of 6.41%.

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.