Brookstone Capital Management Has $1.40 Million Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Brookstone Capital Management raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,038 shares of the company’s stock after buying an additional 1,593 shares during the period. Brookstone Capital Management owned 0.10% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,403,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HYLS. DHJJ Financial Advisors Ltd. grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock worth $199,000 after acquiring an additional 319 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock valued at $80,000 after buying an additional 322 shares during the last quarter. RVW Wealth LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.9% during the 4th quarter. RVW Wealth LLC now owns 11,114 shares of the company’s stock worth $462,000 after buying an additional 419 shares in the last quarter. CoreCap Advisors LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.4% during the 4th quarter. CoreCap Advisors LLC now owns 31,717 shares of the company’s stock worth $1,318,000 after buying an additional 450 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.2% in the 1st quarter. International Assets Investment Management LLC now owns 13,341 shares of the company’s stock valued at $547,000 after acquiring an additional 533 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1 %

Shares of HYLS stock opened at $40.63 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $37.78 and a 1 year high of $41.79. The firm’s 50 day moving average is $40.66 and its 200-day moving average is $40.97.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a $0.2175 dividend. The ex-dividend date was Thursday, June 27th. This represents a $2.61 dividend on an annualized basis and a yield of 6.42%.

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.