First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shares Sold by Family Capital Management Inc.

Family Capital Management Inc. lessened its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 81.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,465 shares of the company’s stock after selling 24,644 shares during the period. Family Capital Management Inc.’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $227,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Bank of New York Mellon Corp acquired a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the first quarter worth $372,000. D.A. Davidson & CO. increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 11.4% in the 1st quarter. D.A. Davidson & CO. now owns 6,028 shares of the company’s stock valued at $276,000 after buying an additional 618 shares during the period. Baird Financial Group Inc. grew its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 86.7% during the 1st quarter. Baird Financial Group Inc. now owns 102,943 shares of the company’s stock valued at $4,711,000 after acquiring an additional 47,803 shares in the last quarter. First Trust Advisors LP increased its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 44.6% in the first quarter. First Trust Advisors LP now owns 3,204,640 shares of the company’s stock worth $146,644,000 after acquiring an additional 988,586 shares during the last quarter. Finally, Flow Traders U.S. LLC grew its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 611.6% in the first quarter. Flow Traders U.S. LLC now owns 53,633 shares of the company’s stock valued at $2,454,000 after purchasing an additional 46,096 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.0 %

Shares of HYLS traded down $0.01 during midday trading on Thursday, reaching $40.33. 285,509 shares of the stock were exchanged, compared to its average volume of 188,560. The firm has a 50 day simple moving average of $41.06 and a 200-day simple moving average of $40.52. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 12-month low of $37.78 and a 12-month high of $41.79.

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

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 22nd were given a $0.22 dividend. This represents a $2.64 annualized dividend and a yield of 6.55%. The ex-dividend date of this dividend was Thursday, March 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.