M Holdings Securities Inc. Acquires Shares of 4,483 First Trust Tactical High Yield ETF (NASDAQ:HYLS)

M Holdings Securities Inc. acquired a new stake in First Trust Tactical High Yield ETF (NASDAQ:HYLSGet Rating) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,483 shares of the company’s stock, valued at approximately $205,000.

Several other large investors have also recently added to or reduced their stakes in the stock. First Trust Advisors LP increased its stake in First Trust Tactical High Yield ETF by 44.6% in the 1st quarter. First Trust Advisors LP now owns 3,204,640 shares of the company’s stock valued at $146,644,000 after buying an additional 988,586 shares during the period. LPL Financial LLC increased its stake in First Trust Tactical High Yield ETF by 0.7% in the 4th quarter. LPL Financial LLC now owns 1,882,789 shares of the company’s stock valued at $90,091,000 after buying an additional 13,041 shares during the period. UBS Group AG increased its stake in shares of First Trust Tactical High Yield ETF by 0.6% during the 1st quarter. UBS Group AG now owns 1,489,307 shares of the company’s stock worth $68,151,000 after purchasing an additional 9,533 shares during the last quarter. Royal Bank of Canada increased its stake in shares of First Trust Tactical High Yield ETF by 8.8% during the 1st quarter. Royal Bank of Canada now owns 927,650 shares of the company’s stock worth $42,449,000 after purchasing an additional 74,817 shares during the last quarter. Finally, One Capital Management LLC increased its stake in shares of First Trust Tactical High Yield ETF by 8.3% during the 1st quarter. One Capital Management LLC now owns 857,079 shares of the company’s stock worth $39,219,000 after purchasing an additional 65,327 shares during the last quarter.

First Trust Tactical High Yield ETF Stock Performance

Shares of HYLS opened at $40.12 on Monday. The company’s fifty day moving average is $41.08 and its 200-day moving average is $42.23. First Trust Tactical High Yield ETF has a 12 month low of $38.81 and a 12 month high of $48.55.

First Trust Tactical High Yield ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Wednesday, August 24th were paid a dividend of $0.24 per share. The ex-dividend date was Tuesday, August 23rd. This represents a $2.88 annualized dividend and a dividend yield of 7.18%.

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Institutional Ownership by Quarter for First Trust Tactical High Yield ETF (NASDAQ:HYLS)

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