Triad Wealth Partners LLC Invests $593,000 in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Triad Wealth Partners LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) during the first quarter, Holdings Channel reports. The firm acquired 14,609 shares of the company’s stock, valued at approximately $593,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Focus Partners Wealth raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% during the 1st quarter. Focus Partners Wealth now owns 36,325 shares of the company’s stock valued at $1,491,000 after buying an additional 818 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $58,000 after acquiring an additional 841 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7,055.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,576 shares of the company’s stock worth $108,000 after acquiring an additional 2,540 shares in the last quarter. Baird Financial Group Inc. increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 15.5% during the 2nd quarter. Baird Financial Group Inc. now owns 23,764 shares of the company’s stock valued at $994,000 after buying an additional 3,193 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock valued at $84,000 after purchasing an additional 937 shares in the last quarter.

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

HYLS opened at $40.88 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $40.01 and a twelve month high of $42.40. The firm has a 50 day moving average price of $40.91 and a 200-day moving average price of $41.24.

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

The firm also recently disclosed a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were given a $0.23 dividend. The ex-dividend date was Thursday, May 21st.

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.