Clear Creek Financial Management LLC Purchases 7,516 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Clear Creek Financial Management LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 195,711 shares of the company’s stock after purchasing an additional 7,516 shares during the quarter. Clear Creek Financial Management LLC owned 0.49% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $8,089,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of HYLS. Luken Investment Analytics LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 124.4% during the fourth quarter. Luken Investment Analytics LLC now owns 22,313 shares of the company’s stock valued at $922,000 after acquiring an additional 12,371 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.6% in the 4th quarter. SteelPeak Wealth LLC now owns 15,800 shares of the company’s stock worth $653,000 after purchasing an additional 400 shares in the last quarter. Perigon Wealth Management LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 68.2% in the 4th quarter. Perigon Wealth Management LLC now owns 21,289 shares of the company’s stock worth $885,000 after purchasing an additional 8,633 shares in the last quarter. Foundations Investment Advisors 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 $535,000. Finally, Lighthouse Wealth Management Inc. bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the fourth quarter valued at $632,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1 %

NASDAQ HYLS opened at $41.63 on Friday. The stock has a 50-day moving average of $41.60 and a 200 day moving average of $41.59. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.12 and a one year high of $42.55.

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

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were given a dividend of $0.215 per share. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $2.58 dividend on an annualized basis and a yield of 6.20%.

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.