Quad Cities Investment Group LLC Raises Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS)

Quad Cities Investment Group LLC increased its stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) by 7.0% during the third quarter, HoldingsChannel reports. The firm owned 61,555 shares of the company’s stock after acquiring an additional 4,046 shares during the period. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF comprises approximately 1.3% of Quad Cities Investment Group LLC’s portfolio, making the stock its 20th biggest holding. Quad Cities Investment Group LLC’s holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF were worth $2,583,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. KMG Fiduciary Partners LLC grew its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 14.5% in the first quarter. KMG Fiduciary Partners LLC now owns 261,451 shares of the company’s stock valued at $10,780,000 after purchasing an additional 33,048 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF during the second quarter valued at about $812,000. Brookstone Capital Management increased its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.9% during the first quarter. Brookstone Capital Management now owns 34,038 shares of the company’s stock valued at $1,403,000 after buying an additional 1,593 shares during the period. Raymond James & Associates lifted its holdings in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 2.4% in the second quarter. Raymond James & Associates now owns 219,131 shares of the company’s stock worth $8,903,000 after buying an additional 5,234 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 4.5% in the second quarter. Commonwealth Equity Services LLC now owns 431,816 shares of the company’s stock valued at $17,545,000 after acquiring an additional 18,714 shares during the period.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Trading Down 0.2 %

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.10 during trading on Thursday, hitting $41.88. The stock had a trading volume of 72,601 shares, compared to its average volume of 181,021. 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 $42.35. The business’s 50-day moving average is $41.72 and its 200 day moving average is $41.08.

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

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

About First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

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.