Winebrenner Capital Management LLC Takes $1.17 Million Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Winebrenner Capital Management LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 28,323 shares of the company’s stock, valued at approximately $1,171,000. Winebrenner Capital Management LLC owned about 0.07% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Fairway Financial LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter worth about $379,000. Private Advisor Group LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 104.7% during the fourth quarter. Private Advisor Group LLC now owns 361,018 shares of the company’s stock worth $14,921,000 after purchasing an additional 184,622 shares during the last quarter. Proactive Wealth Strategies LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 34.1% in the fourth quarter. Proactive Wealth Strategies LLC now owns 8,489 shares of the company’s stock worth $351,000 after purchasing an additional 2,159 shares in the last quarter. Kestra Investment Management LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the fourth quarter valued at about $71,000. Finally, D.A. Davidson & CO. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.0% during the fourth quarter. D.A. Davidson & CO. now owns 41,678 shares of the company’s stock valued at $1,723,000 after buying an additional 807 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.6 %

Shares of HYLS opened at $41.45 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $40.12 and a 52 week high of $42.55. The stock has a 50 day moving average of $41.54 and a 200-day moving average of $41.65.

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

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.22%. The ex-dividend date is Friday, February 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.