Clear Creek Financial Management LLC Grows Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Clear Creek Financial Management LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 10.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 207,183 shares of the company’s stock after purchasing an additional 20,002 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for approximately 0.8% of Clear Creek Financial Management LLC’s portfolio, making the stock its 26th biggest position. Clear Creek Financial Management LLC owned about 0.49% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $8,712,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Synovus Financial Corp acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at approximately $396,000. Balboa Wealth Partners grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.5% in the third quarter. Balboa Wealth Partners now owns 24,766 shares of the company’s stock valued at $1,041,000 after buying an additional 837 shares in the last quarter. Assetmark Inc. raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 35.4% in the 3rd quarter. Assetmark Inc. now owns 78,297 shares of the company’s stock valued at $3,292,000 after buying an additional 20,476 shares during the period. Strategic Financial Partners Ltd. raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.5% in the 3rd quarter. Strategic Financial Partners Ltd. now owns 40,548 shares of the company’s stock valued at $1,705,000 after buying an additional 1,003 shares during the period. Finally, Prospera Financial Services Inc lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.9% during the 3rd quarter. Prospera Financial Services Inc now owns 61,728 shares of the company’s stock worth $2,596,000 after acquiring an additional 3,962 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Performance

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.50 on Friday. The business has a 50-day moving average of $41.73 and a 200 day moving average of $41.86. 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.

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

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be paid a $0.23 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 6.7%.

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.