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

Ameritas Advisory Services LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,402 shares of the company’s stock after purchasing an additional 464 shares during the period. Ameritas Advisory Services LLC owned 0.12% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of HYLS. Cetera Investment Advisers raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 227.6% in the 1st quarter. Cetera Investment Advisers now owns 214,933 shares of the company’s stock worth $8,862,000 after purchasing an additional 149,331 shares during the period. Visionary Wealth Advisors bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth approximately $4,610,000. UBS Group AG boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.2% during the 4th quarter. UBS Group AG now owns 1,128,891 shares of the company’s stock valued at $46,928,000 after acquiring an additional 94,725 shares during the period. Clear Creek Financial Management LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 103.1% in the 1st quarter. Clear Creek Financial Management LLC now owns 167,150 shares of the company’s stock valued at $6,892,000 after acquiring an additional 84,864 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 35.2% in the fourth quarter. Kingsview Wealth Management LLC now owns 307,438 shares of the company’s stock worth $12,780,000 after purchasing an additional 80,097 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.0 %

Shares of NASDAQ HYLS traded up $0.01 during mid-day trading on Friday, reaching $41.57. The company had a trading volume of 40,129 shares, compared to its average volume of 170,823. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $37.78 and a 52 week high of $41.79. The business’s 50-day moving average is $41.06 and its 200-day moving average is $40.92.

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

The company also recently declared a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Wednesday, August 21st will be issued a $0.2125 dividend. The ex-dividend date of this dividend is Wednesday, August 21st. This represents a $2.55 dividend on an annualized basis and a dividend yield of 6.13%.

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.