CoreCap Advisors LLC Purchases 26,383 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

CoreCap Advisors LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 43,971.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 26,443 shares of the company’s stock after buying an additional 26,383 shares during the period. CoreCap Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,093,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at about $298,000. Wilmington Savings Fund Society FSB acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at about $42,000. JPMorgan Chase & Co. increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares in the last quarter. HBW Advisory Services LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.9% in the fourth quarter. HBW Advisory Services LLC now owns 167,201 shares of the company’s stock worth $6,910,000 after purchasing an additional 1,428 shares during the last quarter. Finally, EWG Elevate Inc. lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% in the fourth quarter. EWG Elevate Inc. now owns 102,734 shares of the company’s stock valued at $4,246,000 after purchasing an additional 3,591 shares in the last quarter.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.01 on Friday. The stock has a fifty day simple moving average of $40.94 and a 200 day simple moving average of $41.38. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $39.49 and a 12-month high of $42.55.

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

The company also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 22nd were given a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date was Tuesday, April 22nd.

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.