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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLSGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 153,502 shares traded hands during mid-day 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 Trading Up 0.0 %

The business has a fifty day moving average price of $41.17 and a 200-day moving average price of $40.44.

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 Thursday, March 28th. Stockholders 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 dividend yield of 6.45%. The ex-dividend date was Thursday, March 21st.

Institutional Investors Weigh In On First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 19.9% in the fourth quarter. Global Retirement Partners LLC now owns 1,940 shares of the company’s stock worth $80,000 after acquiring an additional 322 shares during the period. Moors & Cabot Inc. raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.2% in the 3rd quarter. Moors & Cabot Inc. now owns 8,050 shares of the company’s stock worth $316,000 after purchasing an additional 398 shares during the period. RVW Wealth LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.9% during the fourth quarter. RVW Wealth LLC now owns 11,114 shares of the company’s stock valued at $462,000 after purchasing an additional 419 shares in the last quarter. MGO One Seven LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.6% during the fourth quarter. MGO One Seven LLC now owns 7,082 shares of the company’s stock valued at $294,000 after purchasing an additional 438 shares during the period. Finally, CoreCap Advisors LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.4% during the fourth quarter. CoreCap Advisors LLC now owns 31,717 shares of the company’s stock valued at $1,318,000 after purchasing an additional 450 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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