First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Purchased by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 24.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 23,509 shares of the company’s stock after acquiring an additional 4,600 shares during the period. Benjamin F. Edwards & Company Inc. owned about 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $955,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HYLS. Register Financial Advisors LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter valued at approximately $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter valued at $52,000. Hilltop National Bank acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth $77,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth $98,000. Finally, DHJJ Financial Advisors Ltd. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% during the first quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock valued at $199,000 after buying an additional 319 shares in the last quarter.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $42.16 on Tuesday. 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 $42.27. The stock has a 50-day moving average price of $41.42 and a 200 day moving average price of $41.00.

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

The business also recently declared a monthly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were issued a dividend of $0.2125 per share. This represents a $2.55 annualized dividend and a dividend yield of 6.05%. The ex-dividend date of this dividend was Wednesday, August 21st.

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.