Citadel Advisors LLC Boosts Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Citadel Advisors LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 100.4% in the 2nd quarter, Holdings Channel reports. The firm owned 46,407 shares of the company’s stock after buying an additional 23,250 shares during the quarter. Citadel Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,886,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in HYLS. Morgan Stanley raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.2% in the fourth quarter. Morgan Stanley now owns 6,476,051 shares of the company’s stock worth $271,088,000 after buying an additional 488,701 shares in the last quarter. Jane Street Group LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter worth about $17,915,000. LPL Financial LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.3% in the 4th quarter. LPL Financial LLC now owns 3,937,904 shares of the company’s stock valued at $164,841,000 after acquiring an additional 335,843 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,409.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 333,424 shares of the company’s stock valued at $13,957,000 after acquiring an additional 328,984 shares in the last quarter. Finally, Lido Advisors LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at about $3,007,000.

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

Shares of NASDAQ HYLS opened at $40.47 on Wednesday. The business has a 50-day moving average of $40.65 and a 200-day moving average of $40.80. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.01 and a 12 month high of $42.40.

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

The business also recently declared a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Friday, August 21st were paid a $0.225 dividend. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend was Friday, August 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.