First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Stock Holdings Increased by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 14.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 261,451 shares of the company’s stock after acquiring an additional 33,048 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF makes up approximately 1.1% of KMG Fiduciary Partners LLC’s holdings, making the stock its 21st largest position. KMG Fiduciary Partners LLC owned 0.73% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $10,780,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Diversified LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at about $257,000. Accel Wealth Management increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.8% in the 4th quarter. Accel Wealth Management now owns 7,549 shares of the company’s stock valued at $314,000 after acquiring an additional 976 shares during the period. Imprint Wealth LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.9% in the fourth quarter. Imprint Wealth LLC now owns 10,930 shares of the company’s stock worth $454,000 after purchasing an additional 1,073 shares in the last quarter. D.A. Davidson & CO. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.9% during the fourth quarter. D.A. Davidson & CO. now owns 35,373 shares of the company’s stock valued at $1,470,000 after purchasing an additional 8,765 shares during the period. Finally, Brookstone Capital Management raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% during the fourth quarter. Brookstone Capital Management now owns 32,445 shares of the company’s stock valued at $1,349,000 after purchasing an additional 1,326 shares in the last quarter.

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

NASDAQ:HYLS traded up $0.05 during midday trading on Friday, hitting $40.96. 141,503 shares of the stock were exchanged, compared to its average volume of 171,638. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $37.78 and a one year high of $41.79. The business has a 50-day moving average price of $40.60 and a two-hundred day moving average price of $40.96.

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

The firm also recently declared a monthly dividend, which was paid on Friday, May 31st. Shareholders of record on Wednesday, May 22nd were issued a $0.2175 dividend. This represents a $2.61 dividend on an annualized basis and a yield of 6.37%. The ex-dividend date of this dividend was Tuesday, May 21st.

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.