Western Wealth Management LLC Has $2.21 Million Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Western Wealth Management LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 377.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 54,371 shares of the company’s stock after buying an additional 42,984 shares during the quarter. Western Wealth Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,206,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYLS. Aptus Capital Advisors LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% in the third quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock worth $27,000 after acquiring an additional 458 shares in the last quarter. Allworth Financial LP acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter worth $29,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter valued at about $33,000. Sound Income Strategies LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock worth $51,000 after purchasing an additional 1,115 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the 4th quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock worth $56,000 after purchasing an additional 535 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.0%

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $40.49 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $40.01 and a 12-month high of $42.40. The stock has a 50 day moving average price of $40.75 and a two-hundred day moving average price of $41.01.

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

The company also recently announced a dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were paid a $0.23 dividend. The ex-dividend date was Tuesday, July 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.