Mach 1 Financial Group LLC Invests $238,000 in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Mach 1 Financial Group LLC acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,663 shares of the company’s stock, valued at approximately $238,000.

A number of other large investors have also modified their holdings of HYLS. Oppenheimer & Co. Inc. increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 33.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 47,944 shares of the company’s stock valued at $1,977,000 after buying an additional 12,025 shares during the period. Kingsview Wealth Management LLC raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 6.0% in the first quarter. Kingsview Wealth Management LLC now owns 325,969 shares of the company’s stock worth $13,440,000 after purchasing an additional 18,531 shares in the last quarter. Flow Traders U.S. LLC bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter worth about $3,155,000. Comerica Bank lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.9% during the first quarter. Comerica Bank now owns 27,950 shares of the company’s stock worth $1,152,000 after purchasing an additional 1,054 shares during the period. Finally, Atria Investments Inc grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 15.7% in 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.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.90 on Friday. The business has a 50 day simple moving average of $41.82 and a 200 day simple moving average of $41.21. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $39.32 and a one year high of $42.55.

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

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were issued a dividend of $0.2075 per share. The ex-dividend date of this dividend was Tuesday, October 22nd. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.94%.

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.