ICA Group Wealth Management LLC Buys 4,168 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

ICA Group Wealth Management LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 116.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,740 shares of the company’s stock after acquiring an additional 4,168 shares during the quarter. ICA Group Wealth Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $308,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. EWG Elevate Inc. boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.6% during the first quarter. EWG Elevate Inc. now owns 80,458 shares of the company’s stock valued at $3,199,000 after buying an additional 4,997 shares during the period. Clarus Wealth Advisors boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.1% during the first quarter. Clarus Wealth Advisors now owns 8,920 shares of the company’s stock valued at $354,000 after buying an additional 267 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter valued at approximately $380,000. MBE Wealth Management LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 22.8% during the first quarter. MBE Wealth Management LLC now owns 13,534 shares of the company’s stock valued at $538,000 after buying an additional 2,516 shares during the period. Finally, DHJJ Financial Advisors Ltd. boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.5% during the first quarter. DHJJ Financial Advisors Ltd. now owns 25,890 shares of the company’s stock valued at $1,029,000 after buying an additional 2,034 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Performance

Shares of NASDAQ:HYLS opened at $39.60 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $38.07 and a 1 year high of $41.21. The business has a 50 day simple moving average of $39.68 and a two-hundred day simple moving average of $39.64.

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

The company also recently declared a monthly dividend, which was paid on Thursday, August 31st. Investors of record on Wednesday, August 23rd were issued a $0.215 dividend. The ex-dividend date of this dividend was Tuesday, August 22nd. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.52%.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.