Proactive Wealth Strategies LLC Acquires New Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Proactive Wealth Strategies LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the third quarter, Holdings Channel.com reports. The fund bought 6,330 shares of the company’s stock, valued at approximately $266,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter valued at approximately $812,000. Raymond James & Associates grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.4% during the 2nd quarter. Raymond James & Associates now owns 219,131 shares of the company’s stock worth $8,903,000 after buying an additional 5,234 shares during the period. Commonwealth Equity Services LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock worth $17,545,000 after buying an additional 18,714 shares during the period. New Wave Wealth Advisors LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth approximately $2,990,000. Finally, Cetera Investment Advisers grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 227.6% during the 1st quarter. Cetera Investment Advisers now owns 214,933 shares of the company’s stock worth $8,862,000 after buying an additional 149,331 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.1 %

Shares of HYLS stock opened at $41.87 on Tuesday. The firm has a 50 day moving average of $41.82 and a 200-day moving average of $41.22. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $39.43 and a 52 week high of $42.55.

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 Thursday, October 31st. Investors of record on Tuesday, October 22nd were given a $0.2075 dividend. This represents a $2.49 annualized dividend and a yield of 5.95%. The ex-dividend date of this dividend was Tuesday, October 22nd.

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.