BlueChip Wealth Advisors LLC Has $840,000 Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

BlueChip Wealth Advisors LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 3.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 20,313 shares of the company’s stock after purchasing an additional 739 shares during the period. BlueChip Wealth Advisors LLC owned approximately 0.05% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $840,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HYLS. Level Four Advisory Services LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.0% in the 4th quarter. Level Four Advisory Services LLC now owns 13,530 shares of the company’s stock worth $559,000 after buying an additional 1,560 shares during the last quarter. JPMorgan Chase & Co. boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2,275.4% in the fourth quarter. JPMorgan Chase & Co. now owns 15,084 shares of the company’s stock worth $623,000 after purchasing an additional 14,449 shares during the last quarter. Core Wealth Partners LLC boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.2% in the fourth quarter. Core Wealth Partners LLC now owns 12,726 shares of the company’s stock worth $526,000 after purchasing an additional 2,645 shares during the last quarter. TAP Consulting LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 41.6% in the 4th quarter. TAP Consulting LLC now owns 72,808 shares of the company’s stock valued at $3,009,000 after purchasing an additional 21,372 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 93.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,253 shares of the company’s stock valued at $52,000 after purchasing an additional 605 shares during the last quarter.

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

Shares of NASDAQ:HYLS opened at $41.02 on Friday. The company’s 50-day moving average is $41.49 and its 200 day moving average is $41.64. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.12 and a fifty-two week high of $42.55.

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

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.215 dividend. This represents a $2.58 dividend on an annualized basis and a yield of 6.29%. The ex-dividend date is Thursday, March 27th.

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.