First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Acquired by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 5.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 18,710 shares of the company’s stock after purchasing an additional 890 shares during the period. Silver Oak Securities Incorporated’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $778,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HYLS. Brookstone Capital Management increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.4% during the 3rd quarter. Brookstone Capital Management now owns 31,119 shares of the company’s stock worth $1,193,000 after buying an additional 734 shares during the period. Commonwealth Equity Services LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 142.8% during the third quarter. Commonwealth Equity Services LLC now owns 364,215 shares of the company’s stock worth $14,288,000 after acquiring an additional 214,209 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 132.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 199,740 shares of the company’s stock worth $7,836,000 after acquiring an additional 113,841 shares in the last quarter. Clear Creek Financial Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 273.4% in the third quarter. Clear Creek Financial Management LLC now owns 93,836 shares of the company’s stock valued at $3,681,000 after purchasing an additional 68,708 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 52.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 180,825 shares of the company’s stock valued at $7,094,000 after purchasing an additional 62,330 shares during the last quarter.

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

HYLS stock opened at $40.47 on Tuesday. The stock’s 50 day moving average is $40.94 and its two-hundred day moving average is $40.62. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $37.78 and a 52-week high of $41.79.

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

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Wednesday, April 24th will be paid a $0.2125 dividend. The ex-dividend date of this dividend is Tuesday, April 23rd. This represents a $2.55 dividend on an annualized basis and a dividend yield of 6.30%.

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.