Ramiah Investment Group Acquires New Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Ramiah Investment Group bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the 3rd quarter, HoldingsChannel reports. The fund bought 14,509 shares of the company’s stock, valued at approximately $610,000. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for about 0.6% of Ramiah Investment Group’s holdings, making the stock its 26th largest holding.

Several other large investors also recently made changes to their positions in HYLS. IFP Advisors Inc boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% during the second quarter. IFP Advisors Inc now owns 595 shares of the company’s stock worth $25,000 after buying an additional 254 shares during the period. GAMMA Investing LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% in the 2nd quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock valued at $39,000 after acquiring an additional 490 shares during the period. JPMorgan Chase & Co. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $58,000 after acquiring an additional 841 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock worth $84,000 after acquiring an additional 937 shares during the period. Finally, Global Retirement Partners LLC boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 18.5% during the 3rd quarter. Global Retirement Partners LLC now owns 2,311 shares of the company’s stock worth $97,000 after acquiring an additional 360 shares during the period.

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

NASDAQ:HYLS opened at $41.94 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.49 and a 1 year high of $42.40. The business has a fifty day moving average of $41.79 and a 200-day moving average of $41.87.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a $0.2225 dividend. The ex-dividend date was Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 6.4%. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22.

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