Royal Bank of Canada Purchases 39,905 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Royal Bank of Canada raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 5.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 751,041 shares of the company’s stock after buying an additional 39,905 shares during the period. Royal Bank of Canada’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $30,470,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in HYLS. Focus Partners Wealth raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% during the first quarter. Focus Partners Wealth now owns 36,325 shares of the company’s stock valued at $1,491,000 after acquiring an additional 818 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% during the 2nd 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. EverSource Wealth Advisors LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,055.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,576 shares of the company’s stock valued at $108,000 after purchasing an additional 2,540 shares during the last quarter. Baird Financial Group Inc. raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 15.5% during the 2nd quarter. Baird Financial Group Inc. now owns 23,764 shares of the company’s stock valued at $994,000 after purchasing an additional 3,193 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock valued at $84,000 after purchasing an additional 937 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.4%

NASDAQ HYLS opened at $40.65 on Tuesday. 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. The stock has a 50 day simple moving average of $40.75 and a two-hundred day simple moving average of $40.99.

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

The firm also recently announced a dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a dividend of $0.23 per share. The ex-dividend date was Tuesday, July 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.