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

Private Advisory Group LLC increased its position in 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 & Exchange Commission. The firm owned 103,750 shares of the company’s stock after buying an additional 15,396 shares during the quarter. Private Advisory Group LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $4,075,000 as of its most recent filing with the Securities & Exchange Commission.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.3%

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $39.72 on Friday. The company has a 50 day moving average price of $39.77 and a 200-day moving average price of $40.61. 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.

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

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

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.