First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Stock Purchased by Private Advisory Group LLC

Private Advisory Group LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 17.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,750 shares of the company’s stock after purchasing an additional 15,396 shares during the period. Private Advisory Group LLC owned about 0.26% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $4,075,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.7% during the third quarter. Fifth Third Bancorp now owns 23,396 shares of the company’s stock worth $919,000 after buying an additional 607 shares during the last quarter. Endeavor Private Wealth Inc. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.8% during the third quarter. Endeavor Private Wealth Inc. now owns 37,438 shares of the company’s stock valued at $1,471,000 after buying an additional 2,396 shares during the last quarter. Lido Advisors LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.6% in the third quarter. Lido Advisors LLC now owns 136,165 shares of the company’s stock worth $5,349,000 after purchasing an additional 54,904 shares during the last quarter. StoneX Group Inc. purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at approximately $204,000. Finally, International Assets Investment Management LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.2% in the 3rd quarter. International Assets Investment Management LLC now owns 9,543 shares of the company’s stock worth $376,000 after acquiring an additional 470 shares in the last quarter.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $39.72 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $39.01 and a 52 week high of $42.40. The company’s 50 day moving average price is $39.77 and its two-hundred day moving average price is $40.61.

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

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were given a dividend of $0.22 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend was Wednesday, October 21st.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.