RiverTree Advisors LLC Makes New Investment in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

RiverTree Advisors LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 47,151 shares of the company’s stock, valued at approximately $1,949,000. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for 1.3% of RiverTree Advisors LLC’s portfolio, making the stock its 22nd biggest position. RiverTree Advisors LLC owned 0.12% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after purchasing an additional 6,788,436 shares during the period. LPL Financial LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% in the third quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock valued at $133,484,000 after buying an additional 668,100 shares during the period. Heritage Oak Wealth Advisors LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter worth approximately $3,168,000. New Wave Wealth Advisors LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $2,990,000. Finally, Elevation Capital Advisory LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at $2,768,000.

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

HYLS opened at $41.67 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.12 and a 52-week high of $42.55. The business’s fifty day moving average is $41.62 and its 200-day moving average is $41.54.

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

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.215 per share. The ex-dividend date was Friday, December 13th. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21.

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.