J.W. Cole Advisors Inc. Acquires New Stake in First Trust Tactical High Yield ETF (NASDAQ:HYLS)

J.W. Cole Advisors Inc. acquired a new stake in shares of First Trust Tactical High Yield ETF (NASDAQ:HYLSGet Rating) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 88,115 shares of the company’s stock, valued at approximately $86,000. J.W. Cole Advisors Inc. owned approximately 0.20% of First Trust Tactical High Yield ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HYLS. First Trust Advisors LP boosted its stake in First Trust Tactical High Yield ETF by 44.6% during the 1st quarter. First Trust Advisors LP now owns 3,204,640 shares of the company’s stock valued at $146,644,000 after purchasing an additional 988,586 shares during the last quarter. Bank of Montreal Can boosted its stake in First Trust Tactical High Yield ETF by 958.2% during the 4th quarter. Bank of Montreal Can now owns 208,526 shares of the company’s stock valued at $9,982,000 after purchasing an additional 188,821 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in First Trust Tactical High Yield ETF by 28.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 728,509 shares of the company’s stock valued at $33,337,000 after purchasing an additional 161,979 shares during the last quarter. Manhattan West Asset Management LLC purchased a new stake in First Trust Tactical High Yield ETF during the 1st quarter valued at $6,906,000. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in First Trust Tactical High Yield ETF by 36.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 434,592 shares of the company’s stock valued at $19,887,000 after purchasing an additional 117,198 shares during the last quarter.

First Trust Tactical High Yield ETF Trading Down 0.9 %

Shares of HYLS opened at $39.62 on Friday. The business’s fifty day simple moving average is $41.09 and its two-hundred day simple moving average is $42.12. First Trust Tactical High Yield ETF has a 12 month low of $38.81 and a 12 month high of $48.34.

First Trust Tactical High Yield ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 31st. Stockholders of record on Wednesday, August 24th were paid a $0.24 dividend. The ex-dividend date was Tuesday, August 23rd. This represents a $2.88 dividend on an annualized basis and a dividend yield of 7.27%.

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

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