Royal Bank of Canada Purchases 39,905 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Royal Bank of Canada boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 5.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 751,041 shares of the company’s stock after buying an additional 39,905 shares during the quarter. Royal Bank of Canada owned approximately 1.88% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $30,470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of HYLS. Aptus Capital Advisors LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock valued at $27,000 after purchasing an additional 458 shares in the last quarter. Allworth Financial LP purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter worth $29,000. Whittier Trust Co. of Nevada Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter worth $33,000. Sound Income Strategies LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the fourth quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock worth $51,000 after purchasing an additional 1,115 shares during the last quarter. Finally, IFP Advisors Inc boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% during the fourth quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock valued at $56,000 after buying an additional 535 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.4%

Shares of NASDAQ:HYLS opened at $40.65 on Tuesday. The stock’s 50-day moving average price is $40.75 and its 200-day moving average price is $40.99. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $40.01 and a 12-month high of $42.40.

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

The business also recently announced a dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were issued a dividend of $0.23 per share. The ex-dividend date was Tuesday, July 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.