First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Stake Boosted by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 2.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,569 shares of the company’s stock after purchasing an additional 1,407 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,090,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. International Assets Investment Management LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% during the third quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after acquiring an additional 6,788,436 shares during the period. LPL Financial LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during 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 during the period. KMG Fiduciary Partners LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% during the 4th quarter. KMG Fiduciary Partners LLC now owns 316,515 shares of the company’s stock valued at $13,082,000 after purchasing an additional 11,109 shares during the period. Raymond James & Associates boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% during the 3rd quarter. Raymond James & Associates now owns 280,616 shares of the company’s stock valued at $11,775,000 after purchasing an additional 61,485 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 208,021 shares of the company’s stock valued at $8,729,000 after purchasing an additional 8,112 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.2 %

Shares of NASDAQ HYLS opened at $41.55 on Tuesday. The stock has a 50 day simple moving average of $41.59 and a 200-day simple moving average of $41.60. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $40.12 and a 12-month high of $42.55.

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

The firm also recently declared a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were given a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date of this dividend was Wednesday, January 22nd. This is a positive change 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.