TAP Consulting LLC Has $2.16 Million Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

TAP Consulting LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 1.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,436 shares of the company’s stock after buying an additional 937 shares during the quarter. TAP Consulting LLC owned about 0.14% of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF worth $2,158,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. DHJJ Financial Advisors Ltd. boosted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 7.1% in the first quarter. DHJJ Financial Advisors Ltd. now owns 4,817 shares of the company’s stock valued at $199,000 after buying an additional 319 shares during the period. Walkner Condon Financial Advisors LLC boosted its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1.9% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 18,753 shares of the company’s stock worth $762,000 after purchasing an additional 343 shares during the period. Moloney Securities Asset Management LLC increased its holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.3% during the 1st quarter. Moloney Securities Asset Management LLC now owns 17,386 shares of the company’s stock worth $717,000 after purchasing an additional 392 shares in the last quarter. Blackhawk Capital Partners LLC. raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 0.8% in the 2nd quarter. Blackhawk Capital Partners LLC. now owns 57,937 shares of the company’s stock valued at $2,354,000 after purchasing an additional 441 shares during the period. Finally, MBE Wealth Management LLC lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 3.7% in the second quarter. MBE Wealth Management LLC now owns 12,651 shares of the company’s stock valued at $514,000 after purchasing an additional 454 shares in the last quarter.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.1 %

Shares of NASDAQ:HYLS traded up $0.04 during mid-day trading on Friday, reaching $41.87. 101,876 shares of the stock were exchanged, compared to its average volume of 181,805. The stock’s 50 day simple moving average is $41.66 and its 200-day simple moving average is $41.07. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $37.78 and a one year high of $42.35.

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

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.2075 per share. The ex-dividend date was Thursday, September 26th. This represents a $2.49 annualized dividend and a dividend yield of 5.95%.

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.