Fifth Third Bancorp Invests $1.19 Million in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Fifth Third Bancorp bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 29,203 shares of the company’s stock, valued at approximately $1,185,000. Fifth Third Bancorp owned 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% during the fourth quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock valued at $271,088,000 after buying an additional 488,701 shares during the period. Jane Street Group LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth about $17,915,000. LPL Financial LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% during the fourth quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock worth $164,841,000 after acquiring an additional 335,843 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,409.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 333,424 shares of the company’s stock worth $13,957,000 after purchasing an additional 328,984 shares during the period. Finally, Lido Advisors LLC purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter worth about $3,007,000.

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

Shares of NASDAQ HYLS opened at $40.45 on Friday. The company has a 50 day simple moving average of $40.78 and a two-hundred day simple moving average of $41.06. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.01 and a fifty-two week high of $42.40.

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

The business also recently declared a dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 21st will be paid a $0.23 dividend. The ex-dividend date is Tuesday, July 21st.

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.