Lighthouse Wealth Management Inc. Buys Shares of 15,299 First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Lighthouse Wealth Management Inc. bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,299 shares of the company’s stock, valued at approximately $632,000. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises about 0.6% of Lighthouse Wealth Management Inc.’s investment portfolio, making the stock its 23rd largest position.

Other hedge funds also recently made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at about $812,000. Jane Street Group LLC bought a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at approximately $298,000. Activest Wealth Management acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at approximately $27,000. Atria Investments Inc raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 85.3% during the third quarter. Atria Investments Inc now owns 11,718 shares of the company’s stock worth $492,000 after purchasing an additional 5,395 shares in the last quarter. Finally, New Wave Wealth Advisors LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth approximately $2,990,000.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.0 %

Shares of NASDAQ HYLS opened at $41.56 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.12 and a 1 year high of $42.55. The stock has a fifty day moving average price of $41.60 and a two-hundred day moving average price of $41.57.

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

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a dividend of $0.215 per share. The ex-dividend date of this dividend is Wednesday, January 22nd. This represents a $2.58 annualized dividend and a yield of 6.21%. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.