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

Proactive Wealth Strategies LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 34.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,489 shares of the company’s stock after purchasing an additional 2,159 shares during the period. 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 reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Activest Wealth Management purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter worth $27,000. JPMorgan Chase & Co. grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock worth $27,000 after acquiring an additional 524 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at about $42,000. Kestra Investment Management LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at about $71,000. Finally, BNP Paribas Financial Markets raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 38,300.0% during the third quarter. BNP Paribas Financial Markets now owns 2,304 shares of the company’s stock valued at $97,000 after acquiring an additional 2,298 shares during 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. 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. The business’s 50-day moving average is $41.56 and its 200 day moving average is $41.64.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were given a $0.215 dividend. This is a positive change 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 dividend on an annualized basis and a dividend yield of 6.18%. The ex-dividend date was Wednesday, January 22nd.

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.