Moors & Cabot Inc. Acquires 2,350 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Moors & Cabot Inc. raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 22.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 12,678 shares of the company’s stock after acquiring an additional 2,350 shares during the period. Moors & Cabot Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $524,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% in the third quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock valued at $133,484,000 after purchasing an additional 668,100 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at about $14,987,000. Private Advisor Group LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 104.7% in the 4th quarter. Private Advisor Group LLC now owns 361,018 shares of the company’s stock valued at $14,921,000 after acquiring an additional 184,622 shares during the period. Independent Advisor Alliance bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter worth approximately $13,428,000. Finally, KMG Fiduciary Partners LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% during the fourth quarter. KMG Fiduciary Partners LLC now owns 316,515 shares of the company’s stock valued at $13,082,000 after purchasing an additional 11,109 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.4 %

HYLS opened at $41.14 on Friday. The firm’s fifty day moving average is $41.54 and its two-hundred day moving average is $41.67. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $40.12 and a twelve month high of $42.55.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.215 per share. This represents a $2.58 annualized dividend and a yield of 6.27%. The ex-dividend date was Friday, February 21st.

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.