Flow Traders U.S. LLC Invests $3.16 Million in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Flow Traders U.S. LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 76,513 shares of the company’s stock, valued at approximately $3,155,000. Flow Traders U.S. LLC owned about 0.22% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Diversified LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth about $257,000. Imprint Wealth LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.9% in the 4th quarter. Imprint Wealth LLC now owns 10,930 shares of the company’s stock worth $454,000 after buying an additional 1,073 shares during the last quarter. KMG Fiduciary Partners LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.5% in the 1st quarter. KMG Fiduciary Partners LLC now owns 261,451 shares of the company’s stock worth $10,780,000 after buying an additional 33,048 shares during the last quarter. D.A. Davidson & CO. raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.9% in the 4th quarter. D.A. Davidson & CO. now owns 35,373 shares of the company’s stock worth $1,470,000 after buying an additional 8,765 shares during the last quarter. Finally, Wagner Wealth Management LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.1% in the 4th quarter. Wagner Wealth Management LLC now owns 46,846 shares of the company’s stock worth $1,947,000 after buying an additional 979 shares during the last quarter.

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

NASDAQ:HYLS remained flat at $40.97 during mid-day trading on Monday. The company’s stock had a trading volume of 100,300 shares, compared to its average volume of 175,774. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $37.78 and a fifty-two week high of $41.79. The firm’s 50-day simple moving average is $40.79 and its two-hundred day simple moving average is $40.90.

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

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 23rd will be given a dividend of $0.218 per share. The ex-dividend date of this dividend is Tuesday, July 23rd. This represents a $2.62 annualized dividend and a dividend yield of 6.39%. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly 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.