Walker Asset Management LLC Trims Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Walker Asset Management LLC lowered its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,147 shares of the company’s stock after selling 1,250 shares during the period. Walker Asset Management LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $761,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of HYLS. Walkner Condon Financial Advisors LLC boosted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% during the second quarter. Walkner Condon Financial Advisors LLC now owns 18,753 shares of the company’s stock valued at $762,000 after purchasing an additional 343 shares during the period. Moloney Securities Asset Management LLC boosted its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% in the 1st quarter. Moloney Securities Asset Management LLC now owns 17,386 shares of the company’s stock valued at $717,000 after buying an additional 392 shares during the period. MBE Wealth Management LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.2% in the 3rd quarter. MBE Wealth Management LLC now owns 13,062 shares of the company’s stock worth $548,000 after acquiring an additional 411 shares in the last quarter. Blackhawk Capital Partners LLC. increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.8% during the second quarter. Blackhawk Capital Partners LLC. now owns 57,937 shares of the company’s stock worth $2,354,000 after acquiring an additional 441 shares during the period. Finally, Ameritas Advisory Services LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.1% during the second quarter. Ameritas Advisory Services LLC now owns 41,402 shares of the company’s stock valued at $1,682,000 after acquiring an additional 464 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.1 %

NASDAQ:HYLS traded up $0.04 during midday trading on Thursday, hitting $41.49. The stock had a trading volume of 125,955 shares, compared to its average volume of 181,438. The stock has a 50-day moving average of $41.79 and a 200 day moving average of $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 Dividend Announcement

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

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.