Arkadios Wealth Advisors Boosts Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Arkadios Wealth Advisors grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,676 shares of the company’s stock after buying an additional 289 shares during the quarter. Arkadios Wealth Advisors’ holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $658,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. International Assets Investment Management LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% in the third quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock valued at $285,340,000 after buying an additional 6,788,436 shares in the last quarter. LPL Financial LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.5% in the 2nd quarter. LPL Financial LLC now owns 2,513,109 shares of the company’s stock valued at $102,108,000 after purchasing an additional 131,309 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock valued at $17,545,000 after purchasing an additional 18,714 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.0% in the 1st quarter. Kingsview Wealth Management LLC now owns 325,969 shares of the company’s stock valued at $13,440,000 after purchasing an additional 18,531 shares during the last quarter. Finally, KMG Fiduciary Partners LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.3% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 305,406 shares of the company’s stock valued at $12,815,000 after purchasing an additional 35,931 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.0 %

NASDAQ HYLS opened at $41.54 on Wednesday. The stock has a fifty day simple moving average of $41.80 and a 200-day simple moving average of $41.14. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $38.15 and a twelve month high of $42.35.

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

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 given a dividend of $0.2075 per share. This represents a $2.49 annualized dividend and a dividend yield of 5.99%. The ex-dividend date of this dividend 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.