First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Bought by Raymond James & Associates

Raymond James & Associates boosted its holdings in shares of First Trust Tactical High Yield ETF (NASDAQ:HYLSGet Rating) by 5.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 177,463 shares of the company’s stock after acquiring an additional 9,750 shares during the period. Raymond James & Associates owned about 0.41% of First Trust Tactical High Yield ETF worth $8,121,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in HYLS. CENTRAL TRUST Co purchased a new stake in shares of First Trust Tactical High Yield ETF during the first quarter worth about $27,000. Mystic Asset Management Inc. purchased a new stake in shares of First Trust Tactical High Yield ETF during the fourth quarter worth about $33,000. Allegheny Financial Group LTD purchased a new stake in shares of First Trust Tactical High Yield ETF during the fourth quarter worth about $39,000. Benjamin Edwards Inc. grew its holdings in shares of First Trust Tactical High Yield ETF by 509.8% during the first quarter. Benjamin Edwards Inc. now owns 1,116 shares of the company’s stock worth $51,000 after buying an additional 933 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of First Trust Tactical High Yield ETF by 128.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,446 shares of the company’s stock worth $66,000 after buying an additional 812 shares in the last quarter.

First Trust Tactical High Yield ETF Trading Down 0.0 %

Shares of NASDAQ HYLS opened at $40.40 on Friday. First Trust Tactical High Yield ETF has a 12 month low of $38.81 and a 12 month high of $48.55. The company has a 50-day simple moving average of $40.84 and a 200-day simple moving average of $42.70.

First Trust Tactical High Yield ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, August 31st. Investors of record on Wednesday, August 24th were issued a $0.24 dividend. The ex-dividend date was Tuesday, August 23rd. This represents a $2.88 dividend on an annualized basis and a yield of 7.13%.

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Institutional Ownership by Quarter for First Trust Tactical High Yield ETF (NASDAQ:HYLS)

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