Darwin Wealth Management LLC Increases Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Darwin Wealth Management LLC boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 42.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 88,982 shares of the company’s stock after purchasing an additional 26,681 shares during the quarter. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises 1.1% of Darwin Wealth Management LLC’s portfolio, making the stock its 25th biggest holding. Darwin Wealth Management LLC owned 0.22% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,610,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kestra Advisory Services LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.5% in the first quarter. Kestra Advisory Services LLC now owns 68,510 shares of the company’s stock worth $2,779,000 after purchasing an additional 1,666 shares during the last quarter. Whittier Trust Co. of Nevada Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the first quarter worth $33,000. World Investment Advisors raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.3% during the first quarter. World Investment Advisors now owns 7,838 shares of the company’s stock valued at $318,000 after purchasing an additional 252 shares in the last quarter. Elevation Point Wealth Partners LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.3% during the first quarter. Elevation Point Wealth Partners LLC now owns 275,331 shares of the company’s stock valued at $11,170,000 after purchasing an additional 11,347 shares during the last quarter. Finally, Sound Income Strategies LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 49.5% in the 1st quarter. Sound Income Strategies LLC now owns 1,818 shares of the company’s stock worth $74,000 after buying an additional 602 shares in the last quarter.

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

Shares of NASDAQ HYLS opened at $40.75 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.01 and a 1-year high of $42.40. The business’s 50 day moving average is $40.84 and its two-hundred day moving average is $41.14.

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 Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.23 per share. The ex-dividend date was Thursday, June 25th.

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.