Avantax Advisory Services Inc. Has $3.61 Million Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Avantax Advisory Services Inc. increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 21.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 87,346 shares of the company’s stock after buying an additional 15,610 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.22% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,610,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in HYLS. Atria Investments Inc boosted its holdings 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 last quarter. Oppenheimer & Co. Inc. lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.1% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 56,656 shares of the company’s stock valued at $2,377,000 after purchasing an additional 3,265 shares during the last quarter. OneDigital Investment Advisors LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 32,275 shares of the company’s stock valued at $1,354,000 after purchasing an additional 513 shares during the last quarter. Moors & Cabot Inc. lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.8% during the 3rd quarter. Moors & Cabot Inc. now owns 10,328 shares of the company’s stock valued at $433,000 after purchasing an additional 1,006 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during the 3rd 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.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.14 on Friday. The business has a fifty day simple moving average of $41.53 and a two-hundred day simple moving average of $41.67. 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 Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued 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.