EWG Elevate Inc. Boosts Stock Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

EWG Elevate Inc. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,734 shares of the company’s stock after buying an additional 3,591 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for about 1.3% of EWG Elevate Inc.’s investment portfolio, making the stock its 17th largest holding. EWG Elevate Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $4,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Arkadios Wealth Advisors raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the third quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock valued at $658,000 after buying an additional 289 shares in the last quarter. MBE Wealth Management LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% in the 3rd quarter. MBE Wealth Management LLC now owns 13,062 shares of the company’s stock valued at $548,000 after acquiring an additional 411 shares during the last quarter. Financial Advocates Investment Management raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the 3rd quarter. Financial Advocates Investment Management now owns 23,488 shares of the company’s stock valued at $986,000 after acquiring an additional 448 shares in the last quarter. OneDigital Investment Advisors LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% during the third quarter. OneDigital Investment Advisors LLC now owns 32,275 shares of the company’s stock worth $1,354,000 after purchasing an additional 513 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% in the third quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock worth $27,000 after purchasing an additional 524 shares during the period.

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

Shares of NASDAQ:HYLS opened at $41.27 on Monday. The company’s fifty day moving average is $41.64 and its two-hundred day moving average is $41.51. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.12 and a 1-year high of $42.55.

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

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.215 per share. This is a positive change from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21. The ex-dividend date was Friday, December 13th.

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