First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 472.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 635 shares of the company’s stock after acquiring an additional 524 shares during the period. JPMorgan Chase & Co.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $27,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. International Assets Investment Management LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after buying an additional 6,788,436 shares during the last quarter. LPL Financial LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during the third quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock worth $133,484,000 after purchasing an additional 668,100 shares during the last quarter. Heritage Oak Wealth Advisors LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter worth about $3,168,000. Raymond James & Associates lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% in the 3rd quarter. Raymond James & Associates now owns 280,616 shares of the company’s stock valued at $11,775,000 after purchasing an additional 61,485 shares during the last quarter. Finally, Stephens Inc. AR boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 660.5% in the 3rd quarter. Stephens Inc. AR now owns 70,355 shares of the company’s stock valued at $2,952,000 after purchasing an additional 61,104 shares during the period.

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

HYLS stock opened at $41.62 on Wednesday. The business has a 50 day simple moving average of $41.59 and a 200-day simple moving average of $41.60. 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.

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

The firm also recently announced a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were paid a dividend of $0.215 per share. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, January 22nd. This represents a $2.58 annualized dividend and a dividend yield of 6.20%.

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.