Activest Wealth Management Purchases New Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Activest Wealth Management purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 655 shares of the company’s stock, valued at approximately $27,000.

A number of other hedge funds have also recently modified their holdings of HYLS. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter valued at about $52,000. Hilltop National Bank purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at approximately $77,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter valued at approximately $98,000. Raleigh Capital Management Inc. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% in the third quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock worth $126,000 after purchasing an additional 734 shares during the period. Finally, TFB Advisors LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at $220,000.

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

Shares of NASDAQ HYLS opened at $41.59 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $39.88 and a 1 year high of $42.55. The firm has a 50-day moving average of $41.83 and a 200 day moving average of $41.28.

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

The business also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a $0.2075 dividend. The ex-dividend date of this dividend is Thursday, November 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.