First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Bought by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,406 shares of the company’s stock after acquiring an additional 2,956 shares during the period. Geneos Wealth Management Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,083,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HYLS. Activest Wealth Management acquired a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the third quarter valued at $27,000. JPMorgan Chase & Co. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 472.1% during 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 last quarter. Wilmington Savings Fund Society FSB 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 about $42,000. BNP Paribas Financial Markets grew its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 38,300.0% during 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 period. Finally, Raleigh Capital Management Inc. raised its position 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 valued at $126,000 after acquiring an additional 734 shares in the last quarter.

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 $41.56 on Monday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.12 and a 12 month high of $42.55. The stock’s 50 day simple moving average is $41.60 and its two-hundred day simple moving average is $41.57.

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

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 22nd will be issued a dividend of $0.215 per share. The ex-dividend date is Wednesday, January 22nd. 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%.

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.