First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by Walker Asset Management LLC

Walker Asset Management LLC reduced its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 6.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 18,147 shares of the company’s stock after selling 1,250 shares during the quarter. 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).

Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the second quarter valued at $812,000. Brookstone Capital Management raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.9% during the 1st quarter. Brookstone Capital Management now owns 34,038 shares of the company’s stock worth $1,403,000 after acquiring an additional 1,593 shares during the period. Raymond James & Associates lifted its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.4% in the second quarter. Raymond James & Associates now owns 219,131 shares of the company’s stock valued at $8,903,000 after acquiring an additional 5,234 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock valued at $17,545,000 after purchasing an additional 18,714 shares during the last quarter. Finally, New Wave Wealth Advisors LLC purchased a new stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 2nd quarter valued at about $2,990,000.

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

Shares of HYLS traded up $0.04 during trading on Thursday, reaching $41.49. 125,955 shares of the company traded hands, compared to its average volume of 181,438. The stock has a 50-day simple moving average of $41.79 and a 200-day simple moving average of $41.12. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a twelve month low of $37.78 and a twelve month 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. The ex-dividend date of this dividend is Tuesday, October 22nd. This represents a $2.49 annualized dividend and a dividend 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.