Balboa Wealth Partners Buys New Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Balboa Wealth Partners bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 23,929 shares of the company’s stock, valued at approximately $1,000,000.

A number of other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% in the second quarter. IFP Advisors Inc now owns 595 shares of the company’s stock worth $25,000 after purchasing an additional 254 shares during the period. GAMMA Investing LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% in the 2nd quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock valued at $39,000 after buying an additional 490 shares during the last quarter. MGB Wealth Management LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 1st quarter worth approximately $41,000. Raleigh Capital Management Inc. increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 11.4% in the 1st quarter. Raleigh Capital Management Inc. now owns 3,274 shares of the company’s stock worth $134,000 after buying an additional 335 shares during the period. Finally, IMG Wealth Management Inc. lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 30.0% during the first quarter. IMG Wealth Management Inc. now owns 3,761 shares of the company’s stock worth $154,000 after buying an additional 867 shares during the last quarter.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.99 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.49 and a 1 year high of $42.55. The company’s fifty day simple moving average is $42.03 and its 200-day simple moving average is $41.57.

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

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Thursday, September 25th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, September 25th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%.

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.