Creative Financial Designs Inc. ADV Purchases 605 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Creative Financial Designs Inc. ADV lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 93.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,253 shares of the company’s stock after acquiring an additional 605 shares during the period. Creative Financial Designs Inc. ADV’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $52,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. Activest Wealth Management bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at approximately $27,000. SBI Securities Co. Ltd. bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at approximately $38,000. Wilmington Savings Fund Society FSB bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at approximately $42,000. Finally, Kestra Investment Management LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at $71,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.1 %

HYLS stock opened at $41.29 on Friday. The company has a fifty day moving average price of $41.52 and a 200-day moving average price of $41.66. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.12 and a 52-week high of $42.55.

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

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.215 per share. This represents a $2.58 annualized dividend and a dividend yield of 6.25%. The ex-dividend date was Friday, February 21st.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.