Gladstone Institutional Advisory’s First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF HYLS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$2.07M	Buy	50,940 +28,003	+122%	+$1.16M	0.08%	258
2025 Q4	$960K	Buy	22,937 +15,406	+205%	+$644K	0.04%	374
2025 Q3	$317K	Sell	7,531 -1,181	-14%	-$49.5K	0.01%	633
2025 Q2	$364K	Sell	8,712 -533	-6%	-$21.9K	0.02%	573
2025 Q1	$379K	Buy	9,245 +2,169	+31%	+$89.9K	0.02%	537
2024 Q4	$292K	Sell	7,076 -9,724	-58%	-$406K	0.01%	593
2024 Q3	$705K	Sell	16,800 -496	-3%	-$20.5K	0.03%	372
2024 Q2	$703K	Sell	17,296 -5,447	-24%	-$221K	0.04%	362
2024 Q1	$938K	Sell	22,743 -1,626	-7%	-$66.9K	0.05%	295
2023 Q4	$1.01M	Sell	24,369 -10,430	-30%	-$415K	0.06%	285
2023 Q3	$1.37M	Sell	34,799 -2,717	-7%	-$108K	0.09%	232
2023 Q2	$1.49M	Sell	37,516 -14,753	-28%	-$584K	0.09%	225
2023 Q1	$2.08M	Sell	52,269 -11,239	-18%	-$447K	0.13%	189
2022 Q4	$2.47M	Sell	63,508 -6,119	-9%	-$241K	0.17%	169
2022 Q3	$2.67M	Sell	69,627 -19,927	-22%	-$810K	0.21%	119
2022 Q2	$3.51M	Sell	89,554 -47,505	-35%	-$2.01M	0.28%	86
2022 Q1	$6.27M	Sell	137,059 -210,790	-61%	-$9.76M	0.42%	51
2021 Q4	$16.6M	Sell	347,849 -17,726	-5%	-$847K	1.29%	8
2021 Q3	$17.6M	Buy	365,575 +10,069	+3%	+$487K	1.72%	5
2021 Q2	$17.2M	Buy	355,506 +1,779	+0.5%	+$86.5K	2.05%	3
2021 Q1	$17.2M	Sell	353,727 -68,235	-16%	-$3.33M	2.67%	2
2020 Q4	$20.6M	Buy	421,962 +23,656	+6%	+$1.14M	4.1%	2
2020 Q3	$18.8M	Buy	398,306 +79,201	+25%	+$3.74M	4.49%	3
2020 Q2	$14.6M	Buy	319,105 +269,660	+545%	+$12.2M	3.72%	3
2020 Q1	$2.08M	Buy	49,445 +34,929	+241%	+$1.63M	0.54%	44
2019 Q4	$708K	Buy	+14,516	New	+$701K	0.17%	108
2019 Q2	–	Sell	-10,469	Closed	-$500K	–	277
2019 Q1	$500K	Buy	+10,469	New	+$494K	0.18%	106