Level Four Advisory Services LLC Has $559,000 Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Level Four Advisory Services LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 13.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,530 shares of the company’s stock after purchasing an additional 1,560 shares during the period. Level Four Advisory Services LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $559,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of HYLS. Jane Street Group LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter worth about $298,000. SBI Securities Co. Ltd. acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth approximately $38,000. Raymond James Financial Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth approximately $14,987,000. Proficio Capital Partners LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at approximately $598,000. Finally, Janney Montgomery Scott LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 165,170 shares of the company’s stock valued at $6,827,000 after purchasing an additional 4,392 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.2 %

NASDAQ HYLS opened at $41.02 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.12 and a 1 year high of $42.55. The company has a fifty day simple moving average of $41.49 and a 200 day simple moving average of $41.64.

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

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.215 dividend. This represents a $2.58 annualized dividend and a dividend yield of 6.29%. The ex-dividend date is Thursday, March 27th.

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.