First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF to Issue Monthly Dividend of $0.22 (NASDAQ:HYLS)

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Thursday, March 27th will be paid a dividend of 0.215 per share on Monday, March 31st. This represents a $2.58 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date of this dividend is Thursday, March 27th.

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

HYLS traded down $0.26 during midday trading on Thursday, reaching $40.95. 122,060 shares of the company’s stock were exchanged, compared to its average volume of 220,773. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1-year low of $40.12 and a 1-year high of $42.55. The business’s 50-day moving average price is $41.52 and its 200 day moving average price is $41.65.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company 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.