Concurrent Investment Advisors LLC Boosts Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Concurrent Investment Advisors LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 208,021 shares of the company’s stock after buying an additional 8,112 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $8,729,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Arkadios Wealth Advisors raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the third quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock valued at $658,000 after buying an additional 289 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 18,753 shares of the company’s stock valued at $762,000 after acquiring an additional 343 shares during the last quarter. MBE Wealth Management LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% in the third quarter. MBE Wealth Management LLC now owns 13,062 shares of the company’s stock worth $548,000 after acquiring an additional 411 shares during the last quarter. Blackhawk Capital Partners LLC. grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.8% in the second quarter. Blackhawk Capital Partners LLC. now owns 57,937 shares of the company’s stock valued at $2,354,000 after purchasing an additional 441 shares during the period. Finally, Financial Advocates Investment Management increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the third quarter. Financial Advocates Investment Management now owns 23,488 shares of the company’s stock worth $986,000 after purchasing an additional 448 shares during the last quarter.

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

Shares of NASDAQ HYLS traded down $0.04 during trading on Wednesday, hitting $41.54. 20,013 shares of the company traded hands, compared to its average volume of 180,778. The company has a 50-day moving average price of $41.80 and a 200-day moving average price of $41.18. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.32 and a 1 year high of $42.35.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were issued a dividend of $0.2075 per share. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.49 annualized dividend and a dividend yield of 5.99%.

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.