Silver Oak Securities Incorporated Buys 1,079 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Silver Oak Securities Incorporated boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 5.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,619 shares of the company’s stock after acquiring an additional 1,079 shares during the quarter. Silver Oak Securities Incorporated owned 0.06% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $908,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Register Financial Advisors LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 1st quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth about $52,000. Hilltop National Bank bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth about $77,000. Ashton Thomas Private Wealth LLC bought a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the 2nd quarter worth about $98,000. Finally, Raleigh Capital Management Inc. lifted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 32.4% during the 3rd quarter. Raleigh Capital Management Inc. now owns 2,997 shares of the company’s stock worth $126,000 after buying an additional 734 shares in the last quarter.

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

Shares of NASDAQ:HYLS opened at $41.51 on Friday. The company’s 50-day moving average price is $41.80 and its two-hundred day moving average price is $41.12. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $37.78 and a one year high of $42.35.

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

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.2075 per share. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $2.49 annualized dividend and a yield of 6.00%.

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.