Blackhawk Capital Partners LLC Purchases 12,561 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF $HYLS

Blackhawk Capital Partners LLC increased its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 11.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,022 shares of the company’s stock after acquiring an additional 12,561 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises approximately 1.9% of Blackhawk Capital Partners LLC’s holdings, making the stock its 12th largest holding. Blackhawk Capital Partners LLC owned approximately 0.28% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $5,005,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. IFP Advisors Inc raised its position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 74.5% in the 2nd quarter. IFP Advisors Inc now owns 595 shares of the company’s stock valued at $25,000 after purchasing an additional 254 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 109.9% during the second quarter. GAMMA Investing LLC now owns 936 shares of the company’s stock worth $39,000 after purchasing an additional 490 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 152.6% in the second quarter. JPMorgan Chase & Co. now owns 1,392 shares of the company’s stock valued at $58,000 after buying an additional 841 shares in the last quarter. Qube Research & Technologies Ltd increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 87.7% in the second quarter. Qube Research & Technologies Ltd now owns 2,005 shares of the company’s stock valued at $84,000 after buying an additional 937 shares in the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 18.5% in the third quarter. Global Retirement Partners LLC now owns 2,311 shares of the company’s stock valued at $97,000 after buying an additional 360 shares during the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.1%

Shares of NASDAQ HYLS opened at $41.80 on Friday. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $39.49 and a 12-month high of $42.40. The firm’s 50-day simple moving average is $41.82 and its 200 day simple moving average is $41.88.

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

The business also recently declared a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, January 21st will be paid a dividend of $0.23 per share. This represents a c) annualized dividend and a dividend yield of 6.6%. This is an increase from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend is Wednesday, January 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.