Wealth Enhancement Advisory Services LLC Invests $507,000 in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Wealth Enhancement Advisory Services LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 12,116 shares of the company’s stock, valued at approximately $507,000.

Other hedge funds have also recently bought and sold shares of the company. MGB Wealth Management LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter valued at about $41,000. NBC Securities Inc. lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142,700.0% during the first quarter. NBC Securities Inc. now owns 1,428 shares of the company’s stock valued at $58,000 after purchasing an additional 1,427 shares during the last quarter. Raleigh Capital Management Inc. boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 11.4% during the first quarter. Raleigh Capital Management Inc. now owns 3,274 shares of the company’s stock worth $134,000 after buying an additional 335 shares in the last quarter. IMG Wealth Management Inc. grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 30.0% in the first quarter. IMG Wealth Management Inc. now owns 3,761 shares of the company’s stock worth $154,000 after buying an additional 867 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.1% in the first quarter. Farther Finance Advisors LLC now owns 4,650 shares of the company’s stock valued at $191,000 after buying an additional 574 shares in the last quarter.

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

Shares of NASDAQ:HYLS opened at $42.08 on Monday. The stock has a fifty day moving average of $41.99 and a 200-day moving average of $41.52. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $39.49 and a one year high of $42.55.

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

The business also recently declared a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.24 dividend. The ex-dividend date was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%.

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.