LPL Financial LLC Purchases 668,100 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

LPL Financial LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 26.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,181,209 shares of the company’s stock after buying an additional 668,100 shares during the quarter. LPL Financial LLC owned 8.18% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $133,484,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in HYLS. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter valued at approximately $52,000. Hilltop National Bank bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth $77,000. Ashton Thomas Private Wealth LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at $98,000. Raleigh Capital Management Inc. raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock worth $126,000 after purchasing an additional 734 shares during the last quarter. Finally, Aristides Capital LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth about $220,000.

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

NASDAQ HYLS opened at $41.56 on Friday. The business’s 50-day moving average price is $41.82 and its two-hundred day moving average price is $41.28. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $39.92 and a 12 month high of $42.55.

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

The company also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.2075 per share. The ex-dividend date is Thursday, November 21st.

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.