UBS Group AG Grows Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

UBS Group AG grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,088,239 shares of the company’s stock after purchasing an additional 49,286 shares during the period. UBS Group AG owned approximately 2.54% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $45,554,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in HYLS. Aptus Capital Advisors LLC boosted its holdings in 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 buying an additional 458 shares in the last quarter. Allworth Financial LP purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at about $29,000. Sound Income Strategies LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock valued at $51,000 after buying an additional 1,115 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of 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 during the period. Finally, Qube Research & Technologies Ltd lifted its position in shares of 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 valued at $84,000 after acquiring an additional 937 shares during the period.

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

Shares of NASDAQ:HYLS opened at $41.08 on Thursday. The business’s 50 day simple moving average is $40.89 and its 200-day simple moving average is $41.45. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.01 and a 12 month high of $42.40.

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

The company also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were given a dividend of $0.225 per share. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date was Tuesday, April 21st.

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