Benjamin Edwards Inc. Makes New Investment in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Benjamin Edwards Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) during the third quarter, HoldingsChannel.com reports. The fund bought 25,264 shares of the company’s stock, valued at approximately $1,060,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HYLS. Comerica Bank raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.9% in the first quarter. Comerica Bank now owns 27,950 shares of the company’s stock valued at $1,152,000 after purchasing an additional 1,054 shares during the period. Park Avenue Securities LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.7% in the second quarter. Park Avenue Securities LLC now owns 14,189 shares of the company’s stock valued at $576,000 after buying an additional 643 shares in the last quarter. Quad Cities Investment Group LLC grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.7% in the second quarter. Quad Cities Investment Group LLC now owns 57,509 shares of the company’s stock valued at $2,337,000 after acquiring an additional 4,115 shares in the last quarter. EWG Elevate Inc. grew its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.4% in the second quarter. EWG Elevate Inc. now owns 51,342 shares of the company’s stock valued at $2,086,000 after acquiring an additional 2,154 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 9.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 73,045 shares of the company’s stock valued at $2,968,000 after purchasing an additional 6,253 shares during the period.

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

Shares of HYLS stock opened at $41.96 on Friday. The firm has a fifty day simple moving average of $41.75 and a 200-day simple moving average of $41.36. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $40.12 and a twelve month high of $42.55.

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

The firm also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Thursday, November 21st were paid a dividend of $0.2075 per share. The ex-dividend date of this dividend was Thursday, November 21st.

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.