Iams Wealth Management LLC Has $742,000 Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Iams Wealth Management LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,048 shares of the company’s stock after buying an additional 1,016 shares during the period. Iams Wealth Management LLC owned about 0.05% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $742,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in HYLS. Register Financial Advisors LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter valued at $25,000. Principal Securities Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at $75,000. Global Retirement Partners LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% during the 4th quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock valued at $80,000 after acquiring an additional 322 shares during the period. DHJJ Financial Advisors Ltd. lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock valued at $199,000 after acquiring an additional 319 shares during the period. Finally, ROI Financial Advisors LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at $222,000.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded up $0.04 during trading on Tuesday, reaching $40.58. 48,120 shares of the company traded hands, compared to its average volume of 170,334. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $37.78 and a 1-year high of $41.79. The company has a 50 day moving average price of $40.66 and a 200-day moving average price of $40.96.

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

The firm also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were paid a dividend of $0.2175 per share. The ex-dividend date was Thursday, June 27th. This represents a $2.61 dividend on an annualized basis and a yield of 6.43%.

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.