590,927 First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6,513.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 600,000 shares of the company’s stock after acquiring an additional 590,927 shares during the quarter. International Assets Investment Management LLC owned about 1.49% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $23,568,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Oppenheimer & Co. Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter worth approximately $4,319,000. D.A. Davidson & CO. purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at $3,353,000. Janney Montgomery Scott LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 35.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 237,111 shares of the company’s stock valued at $9,620,000 after purchasing an additional 62,493 shares in the last quarter. Western Wealth Management LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 377.5% in the first quarter. Western Wealth Management LLC now owns 54,371 shares of the company’s stock worth $2,206,000 after purchasing an additional 42,984 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.6% in the first quarter. Royal Bank of Canada now owns 751,041 shares of the company’s stock worth $30,470,000 after purchasing an additional 39,905 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.2%

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $39.74 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $39.01 and a fifty-two week high of $42.40. The firm’s fifty day moving average price is $39.91 and its 200-day moving average price is $40.70.

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

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

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.