Flow Traders U.S. LLC Buys Shares of 28,846 First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Flow Traders U.S. LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,846 shares of the company’s stock, valued at approximately $1,206,000. Flow Traders U.S. LLC owned approximately 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. IFP Advisors Inc increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% during the 2nd quarter. IFP Advisors Inc now owns 595 shares of the company’s stock worth $25,000 after buying an additional 254 shares during the period. GAMMA Investing LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% in the second quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock worth $39,000 after acquiring an additional 490 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% during the second quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $58,000 after acquiring an additional 841 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,055.6% in the second quarter. EverSource Wealth Advisors LLC now owns 2,576 shares of the company’s stock valued at $108,000 after acquiring an additional 2,540 shares in the last quarter. Finally, IMG Wealth Management Inc. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 16.0% in the second quarter. IMG Wealth Management Inc. now owns 4,361 shares of the company’s stock valued at $182,000 after acquiring an additional 600 shares in the last quarter.

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

HYLS opened at $41.79 on Tuesday. The business has a fifty day moving average price of $41.86 and a 200 day moving average price of $41.82. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $39.49 and a 12 month high of $42.40.

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

The company also recently announced a monthly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 21st were paid a dividend of $0.22 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Friday, November 21st.

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