KMG Fiduciary Partners LLC Acquires 30,153 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

KMG Fiduciary Partners LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 9.1% during the third quarter, Holdings Channel reports. The firm owned 359,953 shares of the company’s stock after acquiring an additional 30,153 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises about 1.0% of KMG Fiduciary Partners LLC’s holdings, making the stock its 20th largest position. KMG Fiduciary Partners LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $15,136,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. IFP Advisors Inc increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% in the second quarter. IFP Advisors Inc now owns 595 shares of the company’s stock worth $25,000 after purchasing an additional 254 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% during the 2nd quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock worth $39,000 after buying an additional 490 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $58,000 after buying an additional 841 shares during the period. Qube Research & Technologies Ltd increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock valued at $84,000 after acquiring an additional 937 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,055.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,576 shares of the company’s stock valued at $108,000 after acquiring an additional 2,540 shares during the period.

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

Shares of NASDAQ HYLS opened at $41.71 on Friday. The company’s fifty day simple moving average is $41.81 and its 200 day simple moving average is $41.84. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $39.49 and a 12-month high of $42.40.

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

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th will be given a dividend of $0.2225 per share. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.