Flagstar Advisors Inc. Boosts Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Flagstar Advisors Inc. boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 40,007 shares of the company’s stock after purchasing an additional 642 shares during the quarter. Flagstar Advisors Inc. owned about 0.11% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,650,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Securities Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at approximately $75,000. Global Retirement Partners LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock valued at $80,000 after purchasing an additional 322 shares in the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% during the first quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock valued at $199,000 after purchasing an additional 319 shares during the period. ROI Financial Advisors LLC purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter worth about $222,000. Finally, Koshinski Asset Management Inc. bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter worth about $243,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.4 %

HYLS stock traded down $0.16 during trading on Wednesday, reaching $40.85. The company’s stock had a trading volume of 100,697 shares, compared to its average volume of 171,248. The company’s fifty day moving average is $40.65 and its 200-day moving average is $40.97. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $37.78 and a 1 year high of $41.79.

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

The business also recently announced a monthly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 22nd were issued a $0.2175 dividend. This represents a $2.61 annualized dividend and a dividend yield of 6.39%. The ex-dividend date of this dividend was Tuesday, May 21st.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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.