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 4th quarter, Holdings Channel.com reports. The firm owned 167,201 shares of the company’s stock after purchasing an additional 1,428 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises about 1.0% of HBW Advisory Services LLC’s holdings, making the stock its 21st largest position. HBW Advisory Services LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $6,910,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of HYLS. Arkadios Wealth Advisors increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the third quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock valued at $658,000 after purchasing an additional 289 shares during the period. MBE Wealth Management LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% in the third quarter. MBE Wealth Management LLC now owns 13,062 shares of the company’s stock valued at $548,000 after purchasing an additional 411 shares during the period. Financial Advocates Investment Management increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the third quarter. Financial Advocates Investment Management now owns 23,488 shares of the company’s stock valued at $986,000 after purchasing an additional 448 shares during the period. OneDigital Investment Advisors LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% in the third quarter. OneDigital Investment Advisors LLC now owns 32,275 shares of the company’s stock valued at $1,354,000 after purchasing an additional 513 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% in the third quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the period.

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

NASDAQ HYLS traded down $0.15 during trading on Friday, reaching $41.26. The company’s stock 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 twelve month low of $40.12 and a twelve month high of $42.55. The business’s fifty day moving average price is $41.64 and its 200-day moving average price is $41.51.

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

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.215 per share. This is a positive change 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 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.