First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) Position Reduced by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC reduced its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 55.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,910 shares of the company’s stock after selling 79,887 shares during the quarter. Miracle Mile Advisors LLC owned approximately 0.26% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,911,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Wells Fargo & Company MN lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 17.6% during the third quarter. Wells Fargo & Company MN now owns 1,118,204 shares of the company’s stock worth $53,439,000 after acquiring an additional 167,537 shares during the period. Advocacy Wealth Management Services LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.2% during the third quarter. Advocacy Wealth Management Services LLC now owns 946,394 shares of the company’s stock worth $45,228,000 after acquiring an additional 46,902 shares during the period. Bank of America Corp DE lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% during the second quarter. Bank of America Corp DE now owns 612,255 shares of the company’s stock worth $28,831,000 after acquiring an additional 21,553 shares during the period. LPL Financial LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% during the third quarter. LPL Financial LLC now owns 364,884 shares of the company’s stock worth $17,438,000 after acquiring an additional 8,226 shares during the period. Finally, PFS Investments Inc. lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 35.0% during the fourth quarter. PFS Investments Inc. now owns 315,213 shares of the company’s stock worth $14,661,000 after acquiring an additional 81,796 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.16 during mid-day trading on Tuesday, reaching $46.76. 370,618 shares of the company’s stock were exchanged, compared to its average volume of 284,180. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $44.43 and a one year high of $48.81.

The firm also recently declared a monthly dividend, which was paid on Monday, December 31st. Investors of record on Wednesday, December 19th were issued a dividend of $0.22 per share. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22. This represents a $2.64 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date was Tuesday, December 18th.

COPYRIGHT VIOLATION WARNING: “First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) Position Reduced by Miracle Mile Advisors LLC” was first reported by Fairfield Current and is owned by of Fairfield Current. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The original version of this piece can be read at https://www.fairfieldcurrent.com/news/2019/01/23/first-trust-exchange-traded-fund-iv-first-trust-tactical-high-yield-etf-hyls-position-reduced-by-miracle-mile-advisors-llc.html.

See Also: What does relative strength index mean?

Want to see what other hedge funds are holding HYLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS).

Receive News & Ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF and related companies with MarketBeat.com’s FREE daily email newsletter.