First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by MBE Wealth Management LLC

MBE Wealth Management LLC lowered its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 12.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,457 shares of the company’s stock after selling 1,605 shares during the period. MBE Wealth Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $474,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. International Assets Investment Management LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% during the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock worth $285,340,000 after purchasing an additional 6,788,436 shares during the period. LPL Financial LLC lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% in the 3rd quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock worth $133,484,000 after acquiring an additional 668,100 shares during the period. KMG Fiduciary Partners LLC lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% in the 4th quarter. KMG Fiduciary Partners LLC now owns 316,515 shares of the company’s stock worth $13,082,000 after acquiring an additional 11,109 shares during the period. Raymond James & Associates lifted its stake 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 worth $11,775,000 after acquiring an additional 61,485 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 208,021 shares of the company’s stock worth $8,729,000 after acquiring an additional 8,112 shares during the period.

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

HYLS stock opened at $41.60 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.12 and a one year high of $42.55. The company has a fifty day moving average of $41.60 and a 200-day moving average of $41.58.

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

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

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.