Millennium Management LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 5,832 shares of the company’s stock, valued at approximately $278,000.

Other hedge funds have also recently modified their holdings of the company. FormulaFolio Investments LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter worth about $1,547,000. Goldman Sachs Group Inc. purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth about $221,000. Renaissance Technologies LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter worth about $1,462,000. Cetera Advisors LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 193.9% during the first quarter. Cetera Advisors LLC now owns 13,166 shares of the company’s stock worth $626,000 after purchasing an additional 8,687 shares during the last quarter. Finally, Northern Oak Wealth Management Inc. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the first quarter. Northern Oak Wealth Management Inc. now owns 165,401 shares of the company’s stock worth $7,875,000 after purchasing an additional 3,157 shares during the last quarter.

Shares of HYLS opened at $47.83 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $47.05 and a fifty-two week high of $49.30.

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 31st. Stockholders of record on Monday, July 23rd were paid a dividend of $0.225 per share. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Friday, July 20th. This represents a $2.70 annualized dividend and a dividend yield of 5.64%.

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Want to see what other hedge funds are holding HYLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS).

Institutional Ownership by Quarter for First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

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