Quad Cities Investment Group LLC Has $2.58 Million Stock Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Quad Cities Investment Group LLC raised its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,555 shares of the company’s stock after buying an additional 4,046 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for 1.3% of Quad Cities Investment Group LLC’s holdings, making the stock its 20th largest holding. Quad Cities Investment Group LLC owned approximately 0.16% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Register Financial Advisors LLC acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 1st quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter worth approximately $52,000. Hilltop National Bank bought 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 stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter valued at approximately $98,000. Finally, DHJJ Financial Advisors Ltd. raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock worth $199,000 after purchasing an additional 319 shares during the last quarter.

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

HYLS traded down $0.10 during trading on Thursday, reaching $41.88. 72,601 shares of the stock traded hands, compared to its average volume of 181,021. The stock’s 50-day moving average is $41.72 and its 200 day moving average is $41.08. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $37.78 and a 12 month high of $42.35.

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

The business also recently declared a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.2075 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date was Thursday, September 26th.

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.