First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Bought by LPL Financial LLC

LPL Financial LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 9.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,937,904 shares of the company’s stock after buying an additional 335,843 shares during the quarter. LPL Financial LLC owned approximately 9.09% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $164,841,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% in the third quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock valued at $27,000 after purchasing an additional 458 shares during the period. Allworth Financial LP acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at about $29,000. Sound Income Strategies LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock valued at $51,000 after purchasing an additional 1,115 shares during the period. IFP Advisors Inc grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the fourth quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock valued at $56,000 after purchasing an additional 535 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of 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 purchasing an additional 841 shares during the period.

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

Shares of NASDAQ HYLS opened at $40.71 on Thursday. The company’s 50-day simple moving average is $40.89 and its 200-day simple moving average is $41.28. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.01 and a 52-week high of $42.40.

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

The business also recently announced a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were given a $0.23 dividend. The ex-dividend date was Thursday, May 21st.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.