First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 98.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,431 shares of the company’s stock after acquiring an additional 25,472 shares during the period. D.A. Davidson & CO. owned about 0.12% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,163,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. IFP Advisors Inc increased its stake in shares of 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 purchasing an additional 254 shares in the last quarter. GAMMA Investing LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% during the second quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock worth $39,000 after buying an additional 490 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% in 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 last quarter. Qube Research & Technologies Ltd raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% in the second quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock worth $84,000 after acquiring an additional 937 shares during the last quarter. Finally, Global Retirement Partners LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 18.5% in the third quarter. Global Retirement Partners LLC now owns 2,311 shares of the company’s stock valued at $97,000 after acquiring an additional 360 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.2%

HYLS opened at $42.01 on Friday. The business’s fifty day simple moving average is $41.79 and its 200 day simple moving average is $41.87. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $39.49 and a 52 week high of $42.40.

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

The company 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 a boost 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.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.