EdgeRock Capital LLC Decreases Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

EdgeRock Capital LLC decreased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.7% in the 4th quarter, Holdings Channel reports. The fund owned 13,942 shares of the company’s stock after selling 247 shares during the period. EdgeRock Capital 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 hedge funds also recently made changes to their positions in the company. Raymond James & Associates boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% in the third quarter. Raymond James & Associates now owns 280,616 shares of the company’s stock valued at $11,775,000 after purchasing an additional 61,485 shares during the period. Arkadios Wealth Advisors lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock worth $658,000 after buying an additional 289 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 48,518 shares of the company’s stock valued at $2,036,000 after buying an additional 3,006 shares during the last quarter. Mutual Advisors LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 532.7% during the third quarter. Mutual Advisors LLC now owns 31,850 shares of the company’s stock valued at $1,322,000 after acquiring an additional 26,816 shares in the last quarter. Finally, SteelPeak Wealth LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 144.4% during the third quarter. SteelPeak Wealth LLC now owns 15,400 shares of the company’s stock worth $646,000 after acquiring an additional 9,100 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.2 %

NASDAQ:HYLS opened at $41.52 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.12 and a one year high of $42.55. The business’s 50-day simple moving average is $41.53 and its 200 day simple moving average is $41.67.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date of this dividend is Friday, February 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.