Cwm LLC Boosts Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Cwm LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 83.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 55,872 shares of the company’s stock after buying an additional 25,361 shares during the quarter. Cwm LLC owned about 0.14% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,349,000 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 lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% in 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. JPMorgan Chase & Co. boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $58,000 after purchasing an additional 841 shares during 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 Stock Performance

Shares of NASDAQ HYLS opened at $41.86 on Friday. 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 firm’s 50 day moving average price is $41.79 and its 200 day moving average price is $41.86.

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

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were 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 was 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.