D.A. Davidson & CO. Has $1.72 Million Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

D.A. Davidson & CO. raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 2.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 41,678 shares of the company’s stock after purchasing an additional 807 shares during the period. D.A. Davidson & CO.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,723,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HYLS. Activest Wealth Management acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter worth approximately $27,000. JPMorgan Chase & Co. lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter worth approximately $42,000. BNP Paribas Financial Markets lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 38,300.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,304 shares of the company’s stock worth $97,000 after purchasing an additional 2,298 shares during the period. Finally, Marion Wealth Management acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth approximately $201,000.

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

Shares of NASDAQ HYLS opened at $41.45 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.12 and a 52-week high of $42.55. The company’s 50 day moving average price is $41.54 and its 200-day moving average price is $41.66.

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

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.22%.

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.