First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Stock Holdings Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 24.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 326,669 shares of the company’s stock after buying an additional 64,050 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.81% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $13,406,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Proficio Capital Partners LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth about $598,000. Commonwealth Equity Services LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 101,995 shares of the company’s stock worth $4,215,000 after acquiring an additional 6,865 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 93.4% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,253 shares of the company’s stock worth $52,000 after acquiring an additional 605 shares during the period. Core Wealth Partners LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.2% in the 4th quarter. Core Wealth Partners LLC now owns 12,726 shares of the company’s stock worth $526,000 after acquiring an additional 2,645 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2,275.4% in the 4th quarter. JPMorgan Chase & Co. now owns 15,084 shares of the company’s stock worth $623,000 after acquiring an additional 14,449 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.1%

HYLS stock opened at $41.79 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $39.49 and a fifty-two week high of $42.55. The firm’s 50-day simple moving average is $41.55 and its 200 day simple moving average is $41.34.

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

The business also recently announced a monthly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were paid a dividend of $0.22 per share. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $2.64 annualized dividend and a yield of 6.32%.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile

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.