First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Stock: Lido Advisors LLC Raises Position

Lido Advisors LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 67.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 136,165 shares of the company’s stock after acquiring an additional 54,904 shares during the period. Lido Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $5,349,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of HYLS. Tucker Asset Management LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 460.7% in the 2nd quarter. Tucker Asset Management LLC now owns 628 shares of the company’s stock valued at $26,000 after purchasing an additional 516 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,010.0% during the 1st quarter. Parallel Advisors LLC now owns 2,775 shares of the company’s stock worth $113,000 after purchasing an additional 2,525 shares during the last quarter. Compass Financial Management LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth $128,000. StoneX Group Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter worth $204,000. Finally, Norris Financial Group LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter worth $205,000.

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

NASDAQ:HYLS opened at $39.72 on Friday. The business’s fifty day moving average price is $39.77 and its 200 day moving average price is $40.61. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $39.01 and a 12 month high of $42.40.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 21st were issued a $0.22 dividend. The ex-dividend date was Wednesday, October 21st. This represents a $2.64 dividend on an annualized basis and a dividend yield of 6.6%.

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.