Proactive Wealth Strategies LLC Grows Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Proactive Wealth Strategies LLC boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 34.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,489 shares of the company’s stock after purchasing an additional 2,159 shares during the quarter. Proactive Wealth Strategies LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $351,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% during the third quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock worth $285,340,000 after acquiring an additional 6,788,436 shares in the last quarter. LPL Financial LLC boosted its position in shares of 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 worth $133,484,000 after purchasing an additional 668,100 shares in the last quarter. KMG Fiduciary Partners LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% in the 4th quarter. KMG Fiduciary Partners LLC now owns 316,515 shares of the company’s stock worth $13,082,000 after buying an additional 11,109 shares during the last quarter. Raymond James & Associates increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% during the 3rd quarter. Raymond James & Associates now owns 280,616 shares of the company’s stock valued at $11,775,000 after buying an additional 61,485 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% in the third quarter. Concurrent Investment Advisors LLC now owns 208,021 shares of the company’s stock worth $8,729,000 after acquiring an additional 8,112 shares in the last quarter.

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

NASDAQ HYLS opened at $41.73 on Tuesday. The stock’s fifty day moving average price is $41.56 and its 200-day moving average price is $41.64. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.12 and a 12 month high of $42.55.

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

The company also recently announced a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a $0.215 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. This represents a $2.58 annualized dividend and a yield of 6.18%.

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.