Clear Creek Financial Management LLC Raises Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Clear Creek Financial Management LLC lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 195,711 shares of the company’s stock after purchasing an additional 7,516 shares during the period. Clear Creek Financial Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $8,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of HYLS. International Assets Investment Management LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 57,296.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,800,284 shares of the company’s stock worth $285,340,000 after purchasing an additional 6,788,436 shares during the period. LPL Financial LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during the third quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock worth $133,484,000 after acquiring an additional 668,100 shares during the last quarter. KMG Fiduciary Partners LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% during the fourth quarter. KMG Fiduciary Partners LLC now owns 316,515 shares of the company’s stock valued at $13,082,000 after acquiring an additional 11,109 shares in the last quarter. Raymond James & Associates increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% in the 3rd quarter. Raymond James & Associates now owns 280,616 shares of the company’s stock valued at $11,775,000 after acquiring an additional 61,485 shares during the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 208,021 shares of the company’s stock worth $8,729,000 after purchasing an additional 8,112 shares in the last quarter.

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

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.63 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $40.12 and a twelve month high of $42.55. The business has a 50-day moving average price of $41.60 and a 200-day moving average price of $41.59.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were paid a $0.215 dividend. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, January 22nd. This represents a $2.58 dividend on an annualized basis and a yield of 6.20%.

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.