Sanctuary Advisors LLC Purchases 10,365 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Sanctuary Advisors LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 51.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,495 shares of the company’s stock after buying an additional 10,365 shares during the period. Sanctuary Advisors LLC owned approximately 0.08% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,267,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Activest Wealth Management bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter worth approximately $27,000. Raymond James & Associates increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.4% during the 2nd quarter. Raymond James & Associates now owns 219,131 shares of the company’s stock valued at $8,903,000 after purchasing an additional 5,234 shares during the last quarter. Atria Investments Inc raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 85.3% during 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. Commonwealth Equity Services LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% in the second quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock worth $17,545,000 after buying an additional 18,714 shares during the last quarter. Finally, New Wave Wealth Advisors LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth $2,990,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Price Performance

Shares of HYLS opened at $41.54 on Friday. The company’s fifty day simple moving average is $41.71 and its 200-day simple moving average is $41.45. 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 Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be paid a $0.215 dividend. The ex-dividend date is Friday, December 13th. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous 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.