Luken Investment Analytics LLC Buys 12,371 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Luken Investment Analytics LLC grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 124.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,313 shares of the company’s stock after purchasing an additional 12,371 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF makes up 0.4% of Luken Investment Analytics LLC’s portfolio, making the stock its 25th biggest position. Luken Investment Analytics LLC owned 0.06% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $922,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the third quarter. Arkadios Wealth Advisors now owns 15,676 shares of the company’s stock valued at $658,000 after buying an additional 289 shares during the last quarter. SteelPeak Wealth LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.6% in the fourth quarter. SteelPeak Wealth LLC now owns 15,800 shares of the company’s stock worth $653,000 after acquiring an additional 400 shares during the period. MBE Wealth Management LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% during the third quarter. MBE Wealth Management LLC now owns 13,062 shares of the company’s stock worth $548,000 after purchasing an additional 411 shares during the last quarter. Financial Advocates Investment Management lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the third quarter. Financial Advocates Investment Management now owns 23,488 shares of the company’s stock valued at $986,000 after purchasing an additional 448 shares during the period. Finally, Walker Asset Management LLC boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.8% in the fourth quarter. Walker Asset Management LLC now owns 18,647 shares of the company’s stock valued at $771,000 after purchasing an additional 500 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.1 %

NASDAQ:HYLS opened at $41.67 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.12 and a 1-year high of $42.55. The company has a 50 day moving average price of $41.60 and a 200-day moving average price of $41.58.

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

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd will be issued a dividend of $0.215 per share. The ex-dividend date is Wednesday, January 22nd. This represents a $2.58 dividend on an annualized basis and a dividend yield of 6.19%. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21.

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.