KMG Fiduciary Partners LLC Purchases 11,109 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

KMG Fiduciary Partners LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 316,515 shares of the company’s stock after acquiring an additional 11,109 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for approximately 1.1% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 21st biggest holding. KMG Fiduciary Partners LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $13,082,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in HYLS. Sanctuary Advisors LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at about $812,000. Jane Street Group LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter worth approximately $298,000. Activest Wealth Management bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at approximately $27,000. Atria Investments Inc lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 85.3% in the third quarter. Atria Investments Inc now owns 11,718 shares of the company’s stock valued at $492,000 after buying an additional 5,395 shares during the last quarter. Finally, New Wave Wealth Advisors LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth approximately $2,990,000.

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

HYLS stock opened at $41.59 on Friday. The business’s 50 day simple moving average is $41.62 and its 200 day simple moving average is $41.53. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.12 and a 1-year high of $42.55.

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

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.215 dividend. The ex-dividend date of this dividend was Friday, December 13th. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21.

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.