First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS Shares Bought by Lido Advisors LLC

Lido Advisors LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 67.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 136,165 shares of the company’s stock after acquiring an additional 54,904 shares during the period. Lido Advisors LLC owned approximately 0.34% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $5,349,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HYLS. Tucker Asset Management LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 460.7% in the 2nd quarter. Tucker Asset Management LLC now owns 628 shares of the company’s stock worth $26,000 after acquiring an additional 516 shares during the last quarter. Parallel Advisors LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,010.0% in the 1st quarter. Parallel Advisors LLC now owns 2,775 shares of the company’s stock valued at $113,000 after purchasing an additional 2,525 shares during the last quarter. Compass Financial Management LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at approximately $128,000. Norris Financial Group LLC acquired a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 1st quarter valued at approximately $205,000. Finally, StoneX Group Inc. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the third quarter valued at approximately $204,000.

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

NASDAQ:HYLS opened at $39.72 on Friday. The stock’s fifty day moving average is $39.77 and its two-hundred day moving average is $40.61. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $39.01 and a 52 week high of $42.40.

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

The company also recently announced a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 21st were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Wednesday, October 21st. This represents a $2.64 annualized dividend and a yield of 6.6%.

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