Orion Portfolio Solutions LLC Buys 3,527 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Orion Portfolio Solutions LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 56.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 9,746 shares of the company’s stock after acquiring an additional 3,527 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $409,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired 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 $812,000. Activest Wealth Management acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at approximately $27,000. Raymond James & Associates lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.4% during the second quarter. Raymond James & Associates now owns 219,131 shares of the company’s stock worth $8,903,000 after purchasing an additional 5,234 shares during the last quarter. Atria Investments Inc boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 85.3% in the 3rd quarter. Atria Investments Inc now owns 11,718 shares of the company’s stock valued at $492,000 after purchasing an additional 5,395 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock valued at $17,545,000 after purchasing an additional 18,714 shares during the last quarter.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.29 on Thursday. The stock has a fifty day moving average of $41.74 and a 200-day moving average of $41.44. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $40.12 and a 52 week high of $42.55.

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

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.215 dividend. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21. The ex-dividend date of this dividend is Friday, December 13th.

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.