FSB Premier Wealth Management Inc. Buys 3,954 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

FSB Premier Wealth Management Inc. boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 16.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,224 shares of the company’s stock after purchasing an additional 3,954 shares during the quarter. FSB Premier Wealth Management Inc. owned approximately 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,167,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Jane Street Group LLC purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at approximately $298,000. SBI Securities Co. Ltd. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at about $38,000. Raymond James Financial Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at about $14,987,000. Proficio Capital Partners LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter worth about $598,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 165,170 shares of the company’s stock worth $6,827,000 after purchasing an additional 4,392 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Up 0.2 %

Shares of NASDAQ:HYLS opened at $41.02 on Monday. The company’s 50 day moving average is $41.49 and its 200 day moving average is $41.64. 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 declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a $0.215 dividend. This represents a $2.58 annualized dividend and a yield of 6.29%. The ex-dividend date of this dividend is Thursday, March 27th.

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.