RFG Advisory LLC Grows Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

RFG Advisory LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 203.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,147 shares of the company’s stock after purchasing an additional 21,564 shares during the quarter. RFG Advisory LLC owned approximately 0.08% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,304,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of HYLS. Luken Investment Analytics LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.2% in the 4th quarter. Luken Investment Analytics LLC now owns 12,775 shares of the company’s stock valued at $535,000 after buying an additional 272 shares during the last quarter. World Investment Advisors lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.8% in the fourth quarter. World Investment Advisors now owns 7,586 shares of the company’s stock valued at $318,000 after acquiring an additional 278 shares during the last quarter. Benjamin Edwards Inc. boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.0% in the second quarter. Benjamin Edwards Inc. now owns 39,595 shares of the company’s stock valued at $1,655,000 after acquiring an additional 398 shares in the last quarter. Argyle Capital Partners LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 8.7% in the third quarter. Argyle Capital Partners LLC now owns 5,240 shares of the company’s stock valued at $220,000 after acquiring an additional 421 shares in the last quarter. Finally, New Wave Wealth Advisors LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.0% during the fourth quarter. New Wave Wealth Advisors LLC now owns 15,465 shares of the company’s stock worth $647,000 after purchasing an additional 445 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1%

HYLS opened at $40.61 on Friday. The business’s 50-day simple moving average is $40.89 and its 200-day simple moving average is $41.20. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.01 and a one year high of $42.40.

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

The company also recently announced a dividend, which will be paid on Tuesday, June 30th. Investors of record on Thursday, June 25th will be given a $0.23 dividend. The ex-dividend date of this dividend is Thursday, June 25th.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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.