Oppenheimer & Co. Inc. Purchases 3,265 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Oppenheimer & Co. Inc. boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,656 shares of the company’s stock after buying an additional 3,265 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.15% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,377,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in HYLS. Flow Traders U.S. LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter worth about $3,155,000. Comerica Bank boosted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.9% in the first quarter. Comerica Bank now owns 27,950 shares of the company’s stock valued at $1,152,000 after acquiring an additional 1,054 shares during the last quarter. Atria Investments Inc increased its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 15.7% during the 1st quarter. Atria Investments Inc now owns 42,444 shares of the company’s stock valued at $1,750,000 after purchasing an additional 5,765 shares during the period. Cetera Investment Advisers raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 227.6% during the 1st quarter. Cetera Investment Advisers now owns 214,933 shares of the company’s stock worth $8,862,000 after purchasing an additional 149,331 shares during the last quarter. Finally, Cetera Advisors LLC lifted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 48.7% in the 1st quarter. Cetera Advisors LLC now owns 69,540 shares of the company’s stock worth $2,867,000 after purchasing an additional 22,761 shares during the period.

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

HYLS opened at $41.67 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $39.77 and a twelve month high of $42.55. The company has a fifty day moving average of $41.83 and a 200-day moving average of $41.26.

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

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 22nd were given a $0.2075 dividend. This represents a $2.49 annualized dividend and a dividend yield of 5.98%. The ex-dividend date was Tuesday, October 22nd.

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