J.W. Cole Advisors Inc. Has $1.88 Million Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

J.W. Cole Advisors Inc. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 14.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,640 shares of the company’s stock after acquiring an additional 5,839 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.13% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,882,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Register Financial Advisors LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 1st quarter valued at $25,000. Principal Securities Inc. acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at $75,000. Global Retirement Partners LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock valued at $80,000 after buying an additional 322 shares in the last quarter. DHJJ Financial Advisors Ltd. grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% in the 1st quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock valued at $199,000 after buying an additional 319 shares in the last quarter. Finally, ROI Financial Advisors LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at $222,000.

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

Shares of HYLS traded up $0.10 during trading hours on Friday, hitting $40.83. 82,452 shares of the company were exchanged, compared to its average volume of 169,877. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $37.78 and a fifty-two week high of $41.79. The firm’s fifty day moving average is $40.68 and its 200 day moving average is $40.96.

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

The business also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.2175 per share. This represents a $2.61 annualized dividend and a dividend yield of 6.39%. The ex-dividend date of this dividend was Thursday, June 27th.

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