First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Acquired by Luken Investment Analytics LLC

Luken Investment Analytics LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 124.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,313 shares of the company’s stock after acquiring an additional 12,371 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for approximately 0.4% of Luken Investment Analytics LLC’s investment portfolio, making the stock its 25th biggest holding. Luken Investment Analytics LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $922,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Activest Wealth Management purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at $27,000. JPMorgan Chase & Co. grew its stake in 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 buying an additional 524 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter worth approximately $42,000. BNP Paribas Financial Markets increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 38,300.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,304 shares of the company’s stock valued at $97,000 after acquiring an additional 2,298 shares during the period. Finally, Raleigh Capital Management Inc. raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% in the 3rd quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock valued at $126,000 after purchasing an additional 734 shares during the last quarter.

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

NASDAQ HYLS opened at $41.67 on Friday. The firm’s fifty day moving average is $41.60 and its two-hundred day moving average is $41.58. 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.

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

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be given a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.19%. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date is Wednesday, January 22nd.

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.