Geneos Wealth Management Inc. Boosts Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Geneos Wealth Management Inc. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 161.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 141,368 shares of the company’s stock after buying an additional 87,299 shares during the quarter. Geneos Wealth Management Inc. owned about 0.36% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $5,911,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. IFP Advisors Inc boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% during 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 boosted its stake 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 worth $39,000 after purchasing an additional 490 shares during the last quarter. JPMorgan Chase & Co. grew its holdings 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 buying an additional 841 shares in the last quarter. Qube Research & Technologies Ltd grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% during the second quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock worth $84,000 after buying an additional 937 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position 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 buying an additional 2,540 shares during the last quarter.

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

Shares of HYLS opened at $41.59 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.49 and a 1 year high of $42.40. The company’s 50 day simple moving average is $41.83 and its 200 day simple moving average is $41.83.

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

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a $0.2225 dividend. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, December 12th.

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.