First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Position Increased by Assetmark Inc.

Assetmark Inc. increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 35.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 78,297 shares of the company’s stock after purchasing an additional 20,476 shares during the quarter. Assetmark Inc. owned approximately 0.19% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,292,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. IFP Advisors Inc grew its holdings 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 worth $25,000 after purchasing an additional 254 shares during the last quarter. JPMorgan Chase & Co. increased its holdings 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 acquiring an additional 841 shares during the last quarter. Qube Research & Technologies Ltd grew its stake 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 valued at $84,000 after acquiring an additional 937 shares in the last quarter. Global Retirement Partners LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 18.5% during the third quarter. Global Retirement Partners LLC now owns 2,311 shares of the company’s stock worth $97,000 after purchasing an additional 360 shares during the period. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,055.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,576 shares of the company’s stock worth $108,000 after buying an additional 2,540 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.1%

Shares of HYLS opened at $41.51 on Thursday. 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. The business has a 50-day simple moving average of $41.74 and a two-hundred day simple moving average of $41.86.

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

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Wednesday, January 21st were issued a dividend of $0.23 per share. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date was Wednesday, January 21st. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22.

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