Janney Capital Management LLC Has $2.92 Million Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Janney Capital Management LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 5.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 71,050 shares of the company’s stock after purchasing an additional 3,677 shares during the quarter. Janney Capital Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Royal Bank of Canada boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.5% in the 4th quarter. Royal Bank of Canada now owns 815,924 shares of the company’s stock valued at $33,722,000 after buying an additional 103,535 shares in the last quarter. Bank of America Corp DE boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 80.9% in the 4th quarter. Bank of America Corp DE now owns 761,374 shares of the company’s stock valued at $31,468,000 after buying an additional 340,538 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at $14,987,000. Private Advisor Group LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 104.7% in the 4th quarter. Private Advisor Group LLC now owns 361,018 shares of the company’s stock valued at $14,921,000 after buying an additional 184,622 shares in the last quarter. Finally, Jane Street Group LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4,796.8% in the 4th quarter. Jane Street Group LLC now owns 348,017 shares of the company’s stock valued at $14,384,000 after buying an additional 340,910 shares in the last quarter.

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

Shares of HYLS stock opened at $41.58 on Thursday. The stock’s fifty day simple moving average is $41.15 and its 200 day simple moving average is $41.33. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $39.49 and a one year high of $42.55.

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

The business also recently declared a monthly dividend, which was paid on Friday, May 30th. Investors of record on Wednesday, May 21st were paid a $0.215 dividend. This represents a $2.58 annualized dividend and a yield of 6.20%. The ex-dividend date of this dividend was Wednesday, May 21st.

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.