Rockport Wealth LLC Reduces Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Rockport Wealth LLC lowered its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 57.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 21,762 shares of the company’s stock after selling 29,571 shares during the quarter. Rockport Wealth LLC owned about 0.05% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $883,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% during the third quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock valued at $27,000 after purchasing an additional 458 shares during the last quarter. Allworth Financial LP purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter worth about $29,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter worth about $33,000. Sound Income Strategies LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock valued at $51,000 after purchasing an additional 1,115 shares during the period. Finally, IFP Advisors Inc raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the fourth quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock valued at $56,000 after purchasing an additional 535 shares during the period.

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

Shares of HYLS stock opened at $40.82 on Thursday. The firm’s 50 day moving average is $40.82 and its 200 day moving average is $41.11. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.01 and a 12 month high of $42.40.

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

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.23 per share. The ex-dividend date was Thursday, June 25th.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.