SBI Securities Co. Ltd. Invests $38,000 in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

SBI Securities Co. Ltd. acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 926 shares of the company’s stock, valued at approximately $38,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. SteelPeak Wealth LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.6% in the 4th quarter. SteelPeak Wealth LLC now owns 15,800 shares of the company’s stock worth $653,000 after acquiring an additional 400 shares during the last quarter. Walker Asset Management LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.8% during the 4th quarter. Walker Asset Management LLC now owns 18,647 shares of the company’s stock worth $771,000 after purchasing an additional 500 shares during the period. OneDigital Investment Advisors LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 32,275 shares of the company’s stock worth $1,354,000 after purchasing an additional 513 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period. Finally, Activest Wealth Management purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter worth $27,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.4 %

NASDAQ HYLS opened at $41.19 on Wednesday. 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. The stock has a fifty day simple moving average of $41.55 and a 200-day simple moving average of $41.68.

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

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.215 per share. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date of this dividend was Friday, February 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.