First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 13.7% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,442 shares of the company’s stock after purchasing an additional 19,512 shares during the quarter. NewEdge Advisors LLC owned about 0.40% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $6,550,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% during the 4th quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock worth $271,088,000 after acquiring an additional 488,701 shares in the last quarter. LPL Financial LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% during the fourth quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock worth $164,841,000 after purchasing an additional 335,843 shares during the last quarter. First Trust Advisors LP increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.4% during the fourth quarter. First Trust Advisors LP now owns 2,799,443 shares of the company’s stock worth $117,185,000 after purchasing an additional 10,695 shares in the last quarter. UBS Group AG increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.7% during the fourth quarter. UBS Group AG now owns 1,088,239 shares of the company’s stock worth $45,554,000 after purchasing an additional 49,286 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.6% in the 1st quarter. Royal Bank of Canada now owns 751,041 shares of the company’s stock valued at $30,470,000 after purchasing an additional 39,905 shares during the last quarter.

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

Shares of NASDAQ HYLS opened at $40.67 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.01 and a 52-week high of $42.40. The business has a 50-day moving average price of $40.73 and a 200 day moving average price of $40.95.

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

The firm also recently announced a dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 21st were given a dividend of $0.23 per share. The ex-dividend date was Tuesday, July 21st.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.