First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Reaches New 12-Month Low – Here’s Why

Posted by Andrew Walz on Apr 6th, 2025

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $40.11 and last traded at $40.17, with a volume of 678136 shares changing hands. The stock had previously closed at $40.78.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 1.5 %

The company’s 50 day moving average price is $41.42 and its 200 day moving average price is $41.60.

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

The company also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.215 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $2.58 annualized dividend and a yield of 6.42%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at $298,000. SBI Securities Co. Ltd. acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at $38,000. Raymond James Financial Inc. bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at about $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 4th quarter worth about $598,000. Finally, Janney Montgomery Scott LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 165,170 shares of the company’s stock worth $6,827,000 after acquiring an additional 4,392 shares during the last quarter.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

(Get Free Report)

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.