First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 14.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 376,237 shares of the company’s stock after buying an additional 48,285 shares during the period. Envestnet Asset Management Inc. owned 0.90% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $15,821,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HYLS. Focus Partners Wealth grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% in the first quarter. Focus Partners Wealth now owns 36,325 shares of the company’s stock worth $1,491,000 after acquiring an additional 818 shares during the period. IFP Advisors Inc increased its position 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 during the last quarter. MGO One Seven LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.7% during the 2nd quarter. MGO One Seven LLC now owns 7,434 shares of the company’s stock worth $311,000 after purchasing an additional 1,224 shares during the last quarter. Private Trust Co. NA lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.4% in the second quarter. Private Trust Co. NA now owns 11,335 shares of the company’s stock valued at $474,000 after buying an additional 1,343 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.7% during the second quarter. Chicago Partners Investment Group LLC now owns 40,845 shares of the company’s stock worth $1,702,000 after buying an additional 1,456 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.0%

Shares of HYLS opened at $41.46 on Monday. The firm has a 50-day simple moving average of $41.76 and a two-hundred day simple moving average of $41.87. 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.

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

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were given a $0.23 dividend. The ex-dividend date of this dividend was Wednesday, January 21st. This is a positive change 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 yield of 6.7%.

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.