9,180 Shares in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Acquired by Fairway Financial LLC

Fairway Financial LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 9,180 shares of the company’s stock, valued at approximately $379,000. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises approximately 0.3% of Fairway Financial LLC’s holdings, making the stock its 19th biggest holding.

A number of other large investors have also recently made changes to their positions in the business. Arkadios Wealth Advisors raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the third quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock valued at $658,000 after buying an additional 289 shares during the last quarter. SteelPeak Wealth LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.6% in the fourth quarter. SteelPeak Wealth LLC now owns 15,800 shares of the company’s stock worth $653,000 after acquiring an additional 400 shares during the period. Financial Advocates Investment Management increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 3rd quarter. Financial Advocates Investment Management now owns 23,488 shares of the company’s stock worth $986,000 after acquiring an additional 448 shares in the last quarter. Walker Asset Management LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.8% in the fourth quarter. Walker Asset Management LLC now owns 18,647 shares of the company’s stock worth $771,000 after purchasing an additional 500 shares in the last quarter. Finally, OneDigital Investment Advisors LLC raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% during the third quarter. OneDigital Investment Advisors LLC now owns 32,275 shares of the company’s stock valued at $1,354,000 after acquiring an additional 513 shares during the period.

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

Shares of HYLS stock opened at $41.70 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $40.12 and a 52 week high of $42.55. The company’s fifty day simple moving average is $41.54 and its two-hundred day simple moving average is $41.65.

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

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were paid a dividend of $0.215 per share. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, January 22nd. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.19%.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.