Darwin Wealth Management LLC Sells 5,724 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Darwin Wealth Management LLC lessened its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 84,817 shares of the company’s stock after selling 5,724 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for approximately 1.7% of Darwin Wealth Management LLC’s investment portfolio, making the stock its 20th biggest position. Darwin Wealth Management LLC owned about 0.24% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,446,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Register Financial Advisors LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth about $52,000. Principal Securities Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth about $75,000. Hilltop National Bank bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth about $77,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth about $98,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.1 %

HYLS opened at $41.89 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $37.78 and a twelve month high of $41.94. The company has a 50-day simple moving average of $41.25 and a 200 day simple moving average of $40.96.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were given a dividend of $0.2125 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $2.55 annualized dividend and a yield of 6.09%.

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.