First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Purchased by Raymond James & Associates

Raymond James & Associates increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 28.1% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 280,616 shares of the company’s stock after acquiring an additional 61,485 shares during the quarter. Raymond James & Associates’ holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $11,775,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.5% during the second quarter. LPL Financial LLC now owns 2,513,109 shares of the company’s stock worth $102,108,000 after purchasing an additional 131,309 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock worth $17,545,000 after buying an additional 18,714 shares in the last quarter. Kingsview Wealth Management LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.0% during the first quarter. Kingsview Wealth Management LLC now owns 325,969 shares of the company’s stock valued at $13,440,000 after acquiring an additional 18,531 shares during the last quarter. KMG Fiduciary Partners LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.3% in the third quarter. KMG Fiduciary Partners LLC now owns 305,406 shares of the company’s stock valued at $12,815,000 after acquiring an additional 35,931 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.2% in the second quarter. Envestnet Asset Management Inc. now owns 256,586 shares of the company’s stock worth $10,425,000 after acquiring an additional 15,017 shares during the last quarter.

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

Shares of HYLS opened at $41.55 on Tuesday. The stock has a 50 day moving average price of $41.80 and a 200 day moving average price of $41.14. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $38.15 and a one 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 will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd will be issued a dividend of $0.2075 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.99%. The ex-dividend date is Tuesday, October 22nd.

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

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.