Stratos Wealth Partners LTD. Has $4.81 Million Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Stratos Wealth Partners LTD. trimmed its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,424 shares of the company’s stock after selling 5,486 shares during the period. Stratos Wealth Partners LTD.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $4,812,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth $812,000. Jane Street Group LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter worth about $298,000. Activest Wealth Management acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at about $27,000. Atria Investments Inc grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 85.3% in the 3rd quarter. Atria Investments Inc now owns 11,718 shares of the company’s stock valued at $492,000 after buying an additional 5,395 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 165,170 shares of the company’s stock valued at $6,827,000 after buying an additional 4,392 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.0 %

Shares of NASDAQ:HYLS opened at $41.68 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.12 and a 52-week high of $42.55. The business’s 50 day simple moving average is $41.59 and its two-hundred day simple moving average is $41.60.

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

The firm also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a $0.215 dividend. The ex-dividend date was Wednesday, January 22nd. This represents a $2.58 annualized dividend and a yield of 6.19%. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21.

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.