Acorn Wealth Advisors LLC Increases Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Acorn Wealth Advisors LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 52.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 50,639 shares of the company’s stock after buying an additional 17,375 shares during the period. Acorn Wealth Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,120,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Moors & Cabot Inc. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.8% in the 4th quarter. Moors & Cabot Inc. now owns 15,378 shares of the company’s stock valued at $644,000 after purchasing an additional 975 shares in the last quarter. Harbour Investments Inc. increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.4% in the 4th quarter. Harbour Investments Inc. now owns 52,416 shares of the company’s stock valued at $2,194,000 after purchasing an additional 1,748 shares in the last quarter. Prospera Financial Services Inc increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.5% in the 4th quarter. Prospera Financial Services Inc now owns 63,892 shares of the company’s stock valued at $2,675,000 after purchasing an additional 2,164 shares in the last quarter. Axxcess Wealth Management LLC purchased a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 4th quarter valued at about $2,601,000. Finally, Global Retirement Partners LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.6% in the 4th quarter. Global Retirement Partners LLC now owns 3,873 shares of the company’s stock valued at $162,000 after purchasing an additional 1,562 shares in the last quarter.

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

Shares of HYLS opened at $40.90 on Friday. The company has a 50-day simple moving average of $40.85 and a 200-day simple moving average of $41.34. 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 Announces Dividend

The business also recently declared a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 21st were issued a $0.23 dividend. The ex-dividend date 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.