Realta Investment Advisors Invests $288,000 in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Realta Investment Advisors bought a new position in shares of 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 disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,939 shares of the company’s stock, valued at approximately $288,000.

Other large investors have also recently bought and sold shares of the company. U.S. Capital Wealth Advisors LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.9% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 50,569 shares of the company’s stock valued at $2,090,000 after acquiring an additional 1,407 shares during the period. Spire Wealth Management raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 15.4% during the fourth quarter. Spire Wealth Management now owns 29,103 shares of the company’s stock worth $1,203,000 after purchasing an additional 3,883 shares during the last quarter. DAVENPORT & Co LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.8% during the fourth quarter. DAVENPORT & Co LLC now owns 39,821 shares of the company’s stock valued at $1,646,000 after purchasing an additional 702 shares during the period. Clear Creek Financial Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.0% in the fourth quarter. Clear Creek Financial Management LLC now owns 195,711 shares of the company’s stock valued at $8,089,000 after purchasing an additional 7,516 shares during the last quarter. Finally, Luken Investment Analytics LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 124.4% during the 4th quarter. Luken Investment Analytics LLC now owns 22,313 shares of the company’s stock worth $922,000 after purchasing an additional 12,371 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Price Performance

Shares of HYLS stock opened at $41.54 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 business has a 50-day simple moving average of $41.59 and a 200-day simple moving average of $41.60.

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

The business also recently declared a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were issued a $0.215 dividend. The ex-dividend date of this dividend was Wednesday, January 22nd. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. This represents a $2.58 dividend on an annualized basis and a yield of 6.21%.

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.