Darwin Wealth Management LLC Acquires 26,681 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Darwin Wealth Management LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 42.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,982 shares of the company’s stock after purchasing an additional 26,681 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises 1.1% of Darwin Wealth Management LLC’s holdings, making the stock its 25th largest holding. Darwin Wealth Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $3,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the company. Morgan Stanley increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% during the fourth quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock worth $271,088,000 after purchasing an additional 488,701 shares in the last quarter. Jane Street Group LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $17,915,000. LPL Financial LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% during the 4th quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock valued at $164,841,000 after buying an additional 335,843 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,409.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 333,424 shares of the company’s stock valued at $13,957,000 after buying an additional 328,984 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at about $10,000,000.

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

Shares of NASDAQ HYLS opened at $40.75 on Friday. The business has a 50-day simple moving average of $40.84 and a two-hundred day simple moving average of $41.14. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.01 and a fifty-two week high of $42.40.

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

The business also recently announced a dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a $0.23 dividend. The ex-dividend date was Thursday, June 25th.

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