Orion Portfolio Solutions LLC Has $409,000 Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Orion Portfolio Solutions LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 56.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,746 shares of the company’s stock after acquiring an additional 3,527 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $409,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Raymond James & Associates raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.4% in the 2nd quarter. Raymond James & Associates now owns 219,131 shares of the company’s stock valued at $8,903,000 after acquiring an additional 5,234 shares during the period. Clear Creek Financial Management LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% during the 2nd quarter. Clear Creek Financial Management LLC now owns 180,838 shares of the company’s stock worth $7,347,000 after purchasing an additional 13,688 shares during the last quarter. Callan Family Office LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at $355,000. Patriot Financial Group Insurance Agency LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.8% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 9,455 shares of the company’s stock valued at $384,000 after buying an additional 598 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC increased its position in 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 worth $762,000 after buying an additional 343 shares during the period.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.29 on Thursday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.12 and a 52-week high of $42.55. The firm has a 50-day moving average of $41.74 and a 200-day moving average of $41.44.

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

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.215 per share. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21.

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.