First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Acquired by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 2.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,569 shares of the company’s stock after buying an additional 1,407 shares during the quarter. U.S. Capital Wealth Advisors LLC owned approximately 0.13% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,090,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HYLS. Activest Wealth Management purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at $27,000. JPMorgan Chase & Co. lifted its holdings 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 in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at about $42,000. BNP Paribas Financial Markets lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 38,300.0% during the third quarter. BNP Paribas Financial Markets now owns 2,304 shares of the company’s stock valued at $97,000 after buying an additional 2,298 shares during the period. Finally, Raleigh Capital Management Inc. lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% during the third quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock valued at $126,000 after buying an additional 734 shares during the period.

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

Shares of HYLS opened at $41.55 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.12 and a 1 year high of $42.55. The company’s 50 day simple moving average is $41.59 and its 200 day simple moving average is $41.60.

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

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a dividend of $0.215 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. This represents a $2.58 annualized dividend and a yield of 6.21%.

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.