First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 13.7% in the first quarter, Holdings Channel reports. The fund owned 161,442 shares of the company’s stock after purchasing an additional 19,512 shares during the period. NewEdge Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $6,550,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Aptus Capital Advisors LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% during the third quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock worth $27,000 after purchasing an additional 458 shares during the period. Allworth Financial LP acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter worth $33,000. Sound Income Strategies LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% during the 4th quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock worth $51,000 after buying an additional 1,115 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the 4th quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock worth $56,000 after acquiring an additional 535 shares during the period.

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

Shares of NASDAQ:HYLS opened at $40.67 on Tuesday. The firm’s 50-day simple moving average is $40.73 and its 200-day simple moving average is $40.95. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.01 and a fifty-two week high of $42.40.

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

The company also recently disclosed a dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were given a $0.23 dividend. The ex-dividend date was Tuesday, July 21st.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.