Lighthouse Wealth Management Inc. Invests $632,000 in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Lighthouse Wealth Management Inc. purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 15,299 shares of the company’s stock, valued at approximately $632,000. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises 0.6% of Lighthouse Wealth Management Inc.’s portfolio, making the stock its 23rd biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Activest Wealth Management bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at $27,000. JPMorgan Chase & Co. boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 635 shares of the company’s stock valued at $27,000 after buying an additional 524 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 3rd quarter valued at about $42,000. BNP Paribas Financial Markets lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 38,300.0% in the third quarter. BNP Paribas Financial Markets now owns 2,304 shares of the company’s stock worth $97,000 after acquiring an additional 2,298 shares during the last quarter. Finally, Raleigh Capital Management Inc. boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% in the third quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock valued at $126,000 after acquiring an additional 734 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.0 %

NASDAQ:HYLS opened at $41.56 on Monday. The stock has a 50 day moving average of $41.60 and a 200-day moving average of $41.57. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52 week low of $40.12 and a 52 week high of $42.55.

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

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be paid a dividend of $0.215 per share. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. This represents a $2.58 dividend on an annualized basis and a yield of 6.21%. The ex-dividend date is Wednesday, January 22nd.

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.