Park Avenue Securities LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Free Report) by 4.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,189 shares of the company’s stock after purchasing an additional 643 shares during the period. Park Avenue Securities LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $576,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth $52,000. HBW Advisory Services LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during the 2nd quarter. HBW Advisory Services LLC now owns 157,391 shares of the company’s stock worth $6,395,000 after purchasing an additional 33,101 shares during the period. Cetera Advisors LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 48.7% during the 1st quarter. Cetera Advisors LLC now owns 69,540 shares of the company’s stock worth $2,867,000 after purchasing an additional 22,761 shares during the period. Cetera Investment Advisers raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 227.6% during the 1st quarter. Cetera Investment Advisers now owns 214,933 shares of the company’s stock worth $8,862,000 after buying an additional 149,331 shares during the last quarter. Finally, Atria Investments Inc raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 15.7% during the 1st quarter. Atria Investments Inc now owns 42,444 shares of the company’s stock worth $1,750,000 after buying an additional 5,765 shares during the last quarter.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Performance
Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.06 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $37.78 and a one year high of $41.79. The firm has a fifty day moving average of $40.89 and a two-hundred day moving average of $40.89.
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Tuesday, July 23rd were given a dividend of $0.218 per share. The ex-dividend date was Tuesday, July 23rd. This represents a $2.62 dividend on an annualized basis and a yield of 6.37%. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22.
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.
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