First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Sees Large Volume Increase

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLSGet Free Report) saw an uptick in trading volume on Tuesday . 153,502 shares traded hands during trading, a decline of 15% from the previous session’s volume of 180,919 shares.The stock last traded at $40.83 and had previously closed at $41.00.

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

The stock’s 50-day moving average is $41.17 and its two-hundred day moving average is $40.43.

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 Thursday, March 28th. Investors of record on Friday, March 22nd were issued a dividend of $0.22 per share. This represents a $2.64 dividend on an annualized basis and a yield of 6.47%. The ex-dividend date was Thursday, March 21st.

Institutional Trading of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlueChip Wealth Advisors LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 4th quarter valued at about $1,328,000. Chicago Partners Investment Group LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 35.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 33,237 shares of the company’s stock valued at $1,360,000 after purchasing an additional 8,648 shares in the last quarter. Beacon Financial Group increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the fourth quarter. Beacon Financial Group now owns 39,536 shares of the company’s stock valued at $1,644,000 after buying an additional 731 shares during the period. Virtue Capital Management LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 25.0% in the fourth quarter. Virtue Capital Management LLC now owns 11,480 shares of the company’s stock worth $471,000 after buying an additional 2,295 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 24.5% during the fourth quarter. Garden State Investment Advisory Services LLC now owns 6,866 shares of the company’s stock worth $285,000 after buying an additional 1,350 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile

(Get Free Report)

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.

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