First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (HYLS) Shares Bought by Financial Advocates Investment Management

Financial Advocates Investment Management grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 48.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,216 shares of the company’s stock after purchasing an additional 2,994 shares during the quarter. Financial Advocates Investment Management’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $121,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Advisor Group LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,027.6% in the 4th quarter. Private Advisor Group LLC now owns 247,880 shares of the company’s stock valued at $11,117,000 after purchasing an additional 225,897 shares during the last quarter. Reliance Trust Co. of Delaware acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at about $4,625,000. PFS Investments Inc. boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 35.0% in the 4th quarter. PFS Investments Inc. now owns 315,213 shares of the company’s stock valued at $14,661,000 after purchasing an additional 81,796 shares during the last quarter. Semmax Financial Advisors Inc. acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at about $3,050,000. Finally, Brookstone Capital Management purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at approximately $2,766,000.

HYLS traded up $0.02 during trading hours on Monday, hitting $48.35. 63,500 shares of the company’s stock were exchanged, compared to its average volume of 195,915. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $44.43 and a 12-month high of $48.36.

The business also recently announced a monthly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 22nd were issued a $0.225 dividend. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.70 annualized dividend and a dividend yield of 5.58%.

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See Also: Coverage Ratio

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

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