Triad Wealth Partners LLC Takes Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Triad Wealth Partners LLC purchased a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,609 shares of the company’s stock, valued at approximately $593,000.

Other hedge funds also recently modified their holdings of the company. Aptus Capital Advisors LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock valued at $27,000 after acquiring an additional 458 shares in the last quarter. Allworth Financial LP bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter worth about $29,000. Sound Income Strategies LLC increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock valued at $51,000 after buying an additional 1,115 shares during the period. IFP Advisors Inc grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% during the 4th quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock worth $56,000 after buying an additional 535 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% during the second quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $58,000 after purchasing an additional 841 shares during the period.

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

Shares of HYLS opened at $40.88 on Monday. The stock has a 50 day simple moving average of $40.91 and a 200 day simple moving average of $41.24. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.01 and a 52-week high of $42.40.

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

The company also recently declared a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 21st were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, May 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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.