Vaquero Private Wealth Ltd. Buys 21,525 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Vaquero Private Wealth Ltd. boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 61.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,344 shares of the company’s stock after buying an additional 21,525 shares during the quarter. Vaquero Private Wealth Ltd. owned approximately 0.14% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,213,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HYLS. Royal Bank of Canada grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.6% during the 1st quarter. Royal Bank of Canada now owns 751,041 shares of the company’s stock valued at $30,470,000 after acquiring an additional 39,905 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 331,759 shares of the company’s stock worth $13,486,000 after acquiring an additional 14,618 shares in the last quarter. Elevation Point Wealth Partners LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% during the first quarter. Elevation Point Wealth Partners LLC now owns 275,331 shares of the company’s stock worth $11,170,000 after acquiring an additional 11,347 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 35.8% during the first quarter. Janney Montgomery Scott LLC now owns 237,111 shares of the company’s stock valued at $9,620,000 after purchasing an additional 62,493 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.0% during the first quarter. Cetera Investment Advisers now owns 233,205 shares of the company’s stock valued at $9,461,000 after purchasing an additional 4,495 shares during the last quarter.

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

Shares of NASDAQ HYLS opened at $39.74 on Thursday. The business’s 50-day moving average price is $39.95 and its two-hundred day moving average price is $40.73. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $39.01 and a one year high of $42.40.

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

The company also recently declared a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, October 21st. This represents a $2.64 dividend on an annualized basis and a dividend yield of 6.6%.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.