Citigroup Inc. Cuts Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Citigroup Inc. trimmed its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 105,301 shares of the company’s stock after selling 8,204 shares during the quarter. Citigroup Inc. owned approximately 0.27% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $4,418,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Arkadios Wealth Advisors increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock worth $658,000 after buying an additional 289 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 18,753 shares of the company’s stock worth $762,000 after purchasing an additional 343 shares during the period. MBE Wealth Management LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% in the 3rd quarter. MBE Wealth Management LLC now owns 13,062 shares of the company’s stock worth $548,000 after purchasing an additional 411 shares during the period. Blackhawk Capital Partners LLC. increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.8% in the 2nd quarter. Blackhawk Capital Partners LLC. now owns 57,937 shares of the company’s stock worth $2,354,000 after acquiring an additional 441 shares in the last quarter. Finally, Financial Advocates Investment Management increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 3rd quarter. Financial Advocates Investment Management now owns 23,488 shares of the company’s stock worth $986,000 after acquiring an additional 448 shares in the last quarter.

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

NASDAQ:HYLS opened at $41.83 on Wednesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.12 and a fifty-two week high of $42.55. The firm has a 50-day simple moving average of $41.76 and a two-hundred day simple moving average of $41.35.

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

The business also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were issued a dividend of $0.2075 per share. The ex-dividend date of this dividend was Thursday, November 21st.

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.