Walkner Condon Financial Advisors LLC Cuts Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Walkner Condon Financial Advisors LLC lessened its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,362 shares of the company’s stock after selling 1,159 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $635,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Quad Cities Investment Group LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.0% during the 3rd quarter. Quad Cities Investment Group LLC now owns 61,555 shares of the company’s stock valued at $2,583,000 after purchasing an additional 4,046 shares in the last quarter. KMG Fiduciary Partners LLC increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 13.3% during the third quarter. KMG Fiduciary Partners LLC now owns 305,406 shares of the company’s stock valued at $12,815,000 after acquiring an additional 35,931 shares in the last quarter. Raymond James & Associates increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 28.1% during 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 in the last quarter. Cedrus LLC purchased a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter worth approximately $497,000. Finally, MBE Wealth Management LLC lifted its position 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 valued at $548,000 after acquiring an additional 411 shares in 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 $41.71 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12 month low of $40.12 and a 12 month high of $42.55. The stock has a fifty day simple moving average of $41.57 and a two-hundred day simple moving average of $41.62.

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

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 22nd were issued a $0.215 dividend. This represents a $2.58 annualized dividend and a yield of 6.19%. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, January 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.