Blackhawk Capital Partners LLC Buys 19,865 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Blackhawk Capital Partners LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 16.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,887 shares of the company’s stock after acquiring an additional 19,865 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF accounts for 2.2% of Blackhawk Capital Partners LLC’s holdings, making the stock its 12th biggest holding. Blackhawk Capital Partners LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $5,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock worth $27,000 after acquiring an additional 458 shares in the last quarter. Allworth Financial LP bought a new position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter worth about $29,000. Sound Income Strategies LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock worth $51,000 after acquiring an additional 1,115 shares in the last quarter. JPMorgan Chase & Co. grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock worth $58,000 after acquiring an additional 841 shares in the last quarter. Finally, Qube Research & Technologies Ltd grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% in the 2nd quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock worth $84,000 after acquiring an additional 937 shares in the last quarter.

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

Shares of HYLS stock opened at $40.98 on Tuesday. The company’s 50-day simple moving average is $40.88 and its two-hundred day simple moving average is $41.43. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.01 and a one year high of $42.40.

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

The business also recently announced a monthly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 21st were paid a $0.225 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date was Tuesday, April 21st.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.