Assetmark Inc. Has $3.09 Million Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Assetmark Inc. lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 70.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 73,687 shares of the company’s stock after purchasing an additional 30,477 shares during the quarter. Assetmark Inc. owned 0.19% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,092,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HYLS. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $52,000. Hilltop National Bank bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $77,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $98,000. Raleigh Capital Management Inc. lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock worth $126,000 after buying an additional 734 shares during the last quarter. Finally, TFB Advisors LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at about $220,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.3 %

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.74 on Wednesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $39.43 and a 12 month high of $42.55. The stock has a 50-day moving average price of $41.83 and a two-hundred day moving average price of $41.23.

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

The company also recently announced a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were given a $0.2075 dividend. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.49 annualized dividend and a yield of 5.97%.

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.