Financial Advocates Investment Management Has $986,000 Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Financial Advocates Investment Management raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,488 shares of the company’s stock after purchasing an additional 448 shares during the period. Financial Advocates Investment Management’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $986,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. SteelPeak Wealth LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 144.4% in the 3rd quarter. SteelPeak Wealth LLC now owns 15,400 shares of the company’s stock valued at $646,000 after acquiring an additional 9,100 shares during the period. Mutual Advisors LLC raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 532.7% in the 3rd quarter. Mutual Advisors LLC now owns 31,850 shares of the company’s stock valued at $1,322,000 after acquiring an additional 26,816 shares during the period. J.W. Cole Advisors Inc. raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 48,518 shares of the company’s stock valued at $2,036,000 after acquiring an additional 3,006 shares during the period. Arkadios Wealth Advisors raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock valued at $658,000 after acquiring an additional 289 shares during the period. Finally, Heritage Oak Wealth Advisors LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at approximately $3,168,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1 %

Shares of NASDAQ:HYLS opened at $41.40 on Friday. The firm’s 50 day simple moving average is $41.80 and its 200 day simple moving average is $41.15. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $38.69 and a fifty-two week high of $42.35.

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

The company also recently declared a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 22nd were given a $0.2075 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a $2.49 dividend on an annualized basis and a dividend yield of 6.01%.

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.