OneDigital Investment Advisors LLC Raises Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

OneDigital Investment Advisors LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,275 shares of the company’s stock after purchasing an additional 513 shares during the period. OneDigital Investment Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $1,354,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at about $52,000. Hilltop National Bank purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at approximately $77,000. Ashton Thomas Private Wealth LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter worth approximately $98,000. Raleigh Capital Management Inc. raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% during the third quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock worth $126,000 after purchasing an additional 734 shares during the period. Finally, TFB Advisors LLC acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at $220,000.

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

HYLS stock opened at $41.71 on Tuesday. The business has a fifty day simple moving average of $41.83 and a 200-day simple moving average of $41.27. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $39.77 and a 52 week high of $42.55.

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

The company also recently declared a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were paid a dividend of $0.2075 per share. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.49 annualized dividend and a yield of 5.97%.

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.