Luken Investment Analytics LLC Sells 293,387 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Luken Investment Analytics LLC lessened its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 79.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 78,186 shares of the company’s stock after selling 293,387 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises 1.8% of Luken Investment Analytics LLC’s portfolio, making the stock its 16th largest holding. Luken Investment Analytics LLC owned about 0.22% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $3,250,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the stock. First Trust Advisors LP raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 44.6% during the first quarter. First Trust Advisors LP now owns 3,204,640 shares of the company’s stock valued at $146,644,000 after purchasing an additional 988,586 shares during the last quarter. LPL Financial LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 5.7% during the third quarter. LPL Financial LLC now owns 2,104,738 shares of the company’s stock valued at $82,569,000 after purchasing an additional 113,806 shares during the last quarter. UBS Group AG raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.6% during the first quarter. UBS Group AG now owns 1,489,307 shares of the company’s stock valued at $68,151,000 after purchasing an additional 9,533 shares during the last quarter. One Capital Management LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 10.9% during the third quarter. One Capital Management LLC now owns 1,355,148 shares of the company’s stock valued at $53,162,000 after purchasing an additional 132,856 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.3% during the second quarter. Royal Bank of Canada now owns 1,242,738 shares of the company’s stock valued at $49,249,000 after purchasing an additional 39,797 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.0 %

Shares of HYLS traded up $0.01 during mid-day trading on Thursday, hitting $40.35. 98,645 shares of the company traded hands, compared to its average volume of 185,951. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $37.78 and a 1 year high of $41.79. The stock has a 50-day moving average price of $41.06 and a two-hundred day moving average price of $40.52.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were issued a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $2.64 dividend on an annualized basis and a yield of 6.54%.

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.