Blackhawk Capital Partners LLC. Sells 16,359 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Blackhawk Capital Partners LLC. decreased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 26.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,676 shares of the company’s stock after selling 16,359 shares during the period. Blackhawk Capital Partners LLC. owned about 0.11% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $1,888,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC grew its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 26.6% during the 3rd quarter. LPL Financial LLC now owns 3,181,209 shares of the company’s stock valued at $133,484,000 after acquiring an additional 668,100 shares during the period. Private Advisor Group LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 104.7% in the 4th quarter. Private Advisor Group LLC now owns 361,018 shares of the company’s stock valued at $14,921,000 after acquiring an additional 184,622 shares during the last quarter. KMG Fiduciary Partners LLC raised its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.6% during the 4th quarter. KMG Fiduciary Partners LLC now owns 316,515 shares of the company’s stock valued at $13,082,000 after buying an additional 11,109 shares during the period. Raymond James & Associates raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% in the third quarter. Raymond James & Associates now owns 280,616 shares of the company’s stock valued at $11,775,000 after acquiring an additional 61,485 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.1% in the third quarter. Concurrent Investment Advisors LLC now owns 208,021 shares of the company’s stock worth $8,729,000 after purchasing an additional 8,112 shares during the last quarter.

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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock opened at $41.52 on Tuesday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.12 and a 1 year high of $42.55. The firm has a 50-day moving average of $41.53 and a two-hundred day moving average of $41.67.

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

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Friday, February 21st. 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.