Mach 1 Financial Group LLC Invests $238,000 in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Mach 1 Financial Group LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,663 shares of the company’s stock, valued at approximately $238,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of HYLS. Atria Investments Inc boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 85.3% during the third quarter. Atria Investments Inc now owns 11,718 shares of the company’s stock valued at $492,000 after acquiring an additional 5,395 shares during the period. Assetmark Inc. boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 70.5% during the 3rd quarter. Assetmark Inc. now owns 73,687 shares of the company’s stock valued at $3,092,000 after purchasing an additional 30,477 shares during the period. TFB Advisors LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at approximately $220,000. Concurrent Investment Advisors LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 208,021 shares of the company’s stock valued at $8,729,000 after buying an additional 8,112 shares during the last quarter. Finally, Moloney Securities Asset Management LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.0% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 19,352 shares of the company’s stock worth $812,000 after buying an additional 739 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.2 %

Shares of HYLS stock opened at $41.90 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $39.32 and a 12 month high of $42.55. The stock has a 50 day moving average of $41.82 and a 200-day moving average of $41.21.

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

The business also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were paid a dividend of $0.2075 per share. This represents a $2.49 annualized dividend and a yield of 5.94%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.