Balboa Wealth Partners Invests $1 Million in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Balboa Wealth Partners purchased a new stake in 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 Form 13F filing with the SEC. The fund purchased 23,929 shares of the company’s stock, valued at approximately $1,000,000. Balboa Wealth Partners owned approximately 0.06% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% in the second quarter. IFP Advisors Inc now owns 595 shares of the company’s stock valued at $25,000 after acquiring an additional 254 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% during the 2nd quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock valued at $39,000 after purchasing an additional 490 shares in the last quarter. MGB Wealth Management LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 1st quarter valued at $41,000. Raleigh Capital Management Inc. lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 11.4% in the 1st quarter. Raleigh Capital Management Inc. now owns 3,274 shares of the company’s stock valued at $134,000 after purchasing an additional 335 shares during the last quarter. Finally, IMG Wealth Management Inc. boosted its holdings 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 purchasing an additional 867 shares in the last quarter.

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

NASDAQ HYLS opened at $41.99 on Monday. 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 stock’s 50-day moving average is $42.03 and its two-hundred day moving average is $41.57.

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

The business also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were issued a $0.24 dividend. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date was Thursday, September 25th.

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.