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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared 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 dividend yield of 6.30%. The ex-dividend date is Thursday, March 27th.

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

NASDAQ HYLS traded down $0.26 on Thursday, hitting $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 fifty-two week low of $40.12 and a fifty-two week high of $42.55. The firm’s 50-day moving average price is $41.50 and its two-hundred day moving average price is $41.65.

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.