First Trust Advisors LP Has $117.27 Million Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

First Trust Advisors LP boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 2.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,788,748 shares of the company’s stock after acquiring an additional 64,474 shares during the period. First Trust Advisors LP owned approximately 6.64% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $117,267,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Aptus Capital Advisors LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock worth $27,000 after purchasing an additional 458 shares in the last quarter. JPMorgan Chase & Co. boosted its position in 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 valued at $58,000 after buying an additional 841 shares in the last quarter. Qube Research & Technologies Ltd grew its stake in 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 during the last quarter. Global Retirement Partners LLC grew its stake 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 buying an additional 360 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,055.6% during the second 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 Trading Down 0.3%

NASDAQ:HYLS opened at $40.90 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 firm has a 50 day moving average of $41.60 and a 200-day moving average of $41.80.

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

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a dividend of $0.23 per share. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend was Friday, February 20th.

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.