Avantax Advisory Services Inc. Boosts Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Avantax Advisory Services Inc. boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 9.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 95,809 shares of the company’s stock after buying an additional 8,463 shares during the quarter. Avantax Advisory Services Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $3,932,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Raleigh Capital Management Inc. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 11.4% in the 1st quarter. Raleigh Capital Management Inc. now owns 3,274 shares of the company’s stock valued at $134,000 after acquiring an additional 335 shares during the period. Realta Investment Advisors grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.2% in the 1st quarter. Realta Investment Advisors now owns 7,298 shares of the company’s stock valued at $299,000 after acquiring an additional 359 shares during the period. Kovack Advisors Inc. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.2% in the 1st quarter. Kovack Advisors Inc. now owns 32,171 shares of the company’s stock valued at $1,320,000 after acquiring an additional 386 shares during the period. Rathbones Group PLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% in the 4th quarter. Rathbones Group PLC now owns 9,670 shares of the company’s stock valued at $400,000 after acquiring an additional 400 shares during the period. Finally, Aurora Private Wealth Inc. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% in the 1st quarter. Aurora Private Wealth Inc. now owns 12,278 shares of the company’s stock valued at $504,000 after acquiring an additional 481 shares during the period.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.69 on Tuesday. The company’s fifty day moving average price is $41.58 and its 200 day moving average price is $41.35. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.49 and a 1 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 dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 22nd will be issued a $0.23 dividend. The ex-dividend date is Tuesday, July 22nd. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.22.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF 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.