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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a monthly dividend on Wednesday, June 26th, NASDAQ reports. Stockholders of record on Thursday, June 27th will be given a dividend of 0.2175 per share on Friday, June 28th. This represents a $2.61 annualized dividend and a dividend yield of 6.42%. The ex-dividend date is Thursday, June 27th.

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

Shares of NASDAQ:HYLS traded up $0.04 on Thursday, hitting $40.67. 244,024 shares of the company were exchanged, compared to its average volume of 171,838. The company’s 50 day moving average price is $40.65 and its two-hundred day moving average price is $40.97. 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 $41.79.

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.