First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Bought by GeoWealth Management LLC

GeoWealth Management LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 610.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,635 shares of the company’s stock after purchasing an additional 15,153 shares during the period. GeoWealth Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $699,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HYLS. Captrust Financial Advisors grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,052.7% during the second quarter. Captrust Financial Advisors now owns 1,510 shares of the company’s stock worth $59,000 after acquiring an additional 1,379 shares during the last quarter. WealthShield Partners LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter worth approximately $63,000. Sound Income Strategies LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,380.3% in the 2nd quarter. Sound Income Strategies LLC now owns 1,954 shares of the company’s stock worth $77,000 after buying an additional 1,822 shares in the last quarter. Steward Partners Investment Advisory LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 62.2% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 3,312 shares of the company’s stock valued at $132,000 after acquiring an additional 1,270 shares during the period. Finally, ICA Group Wealth Management LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at $139,000.

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

Shares of HYLS stock opened at $40.09 on Tuesday. 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 $41.16. The business’s fifty day moving average is $39.15 and its 200-day moving average is $39.43.

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

The company also recently announced a monthly dividend, which was paid on Tuesday, October 31st. Investors of record on Wednesday, October 25th were issued a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a yield of 6.44%. The ex-dividend date of this dividend was Tuesday, October 24th.

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.