Aurora Private Wealth Inc. Grows Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Aurora Private Wealth Inc. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 12.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,797 shares of the company’s stock after buying an additional 1,305 shares during the period. Aurora Private Wealth Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $488,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. International Assets Investment Management LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after purchasing an additional 6,788,436 shares in the last quarter. LPL Financial LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% in the 3rd quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock valued at $133,484,000 after purchasing an additional 668,100 shares in the last quarter. Heritage Oak Wealth Advisors LLC purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at $3,168,000. New Wave Wealth Advisors LLC purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at $2,990,000. Finally, Elevation Capital Advisory LLC purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at $2,768,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.0 %

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.56 on Monday. The company has a fifty day moving average of $41.60 and a 200-day moving average of $41.57. 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.

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

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be given a dividend of $0.215 per share. The ex-dividend date is Wednesday, January 22nd. This represents a $2.58 annualized dividend and a yield of 6.21%. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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.