HBW Advisory Services LLC Grows Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

HBW Advisory Services LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 0.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 167,201 shares of the company’s stock after buying an additional 1,428 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF makes up approximately 1.0% of HBW Advisory Services LLC’s portfolio, making the stock its 21st largest position. HBW Advisory Services LLC owned about 0.42% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $6,910,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after purchasing an additional 6,788,436 shares during the last quarter. LPL Financial LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% in the 3rd quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock valued at $133,484,000 after purchasing an additional 668,100 shares during the last quarter. Heritage Oak Wealth Advisors LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at approximately $3,168,000. New Wave Wealth Advisors LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at approximately $2,990,000. Finally, Elevation Capital Advisory LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at approximately $2,768,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.4 %

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.15 during trading on Friday, hitting $41.26. The company had a trading volume of 539,770 shares, compared to its average volume of 793,414. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.12 and a 1-year high of $42.55. The company’s 50 day simple moving average is $41.64 and its 200-day simple moving average is $41.51.

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

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.215 dividend. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21. The ex-dividend date was Friday, December 13th.

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.