Truist Financial Corp Sells 4,140 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Truist Financial Corp reduced its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,017 shares of the company’s stock after selling 4,140 shares during the period. Truist Financial Corp owned approximately 0.13% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,191,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Arkadios Wealth Advisors increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the third quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock worth $658,000 after buying an additional 289 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.6% during the fourth quarter. SteelPeak Wealth LLC now owns 15,800 shares of the company’s stock worth $653,000 after buying an additional 400 shares in the last quarter. Financial Advocates Investment Management increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the third quarter. Financial Advocates Investment Management now owns 23,488 shares of the company’s stock valued at $986,000 after purchasing an additional 448 shares during the period. Walker Asset Management LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.8% in the fourth quarter. Walker Asset Management LLC now owns 18,647 shares of the company’s stock valued at $771,000 after purchasing an additional 500 shares during the period. Finally, OneDigital Investment Advisors LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% in the third quarter. OneDigital Investment Advisors LLC now owns 32,275 shares of the company’s stock valued at $1,354,000 after purchasing an additional 513 shares during the period.

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

NASDAQ HYLS opened at $41.65 on Thursday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $40.12 and a twelve month high of $42.55. The stock has a fifty day simple moving average of $41.54 and a 200 day simple moving average of $41.67.

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

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a $0.215 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.58 dividend on an annualized basis and a yield of 6.19%.

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.