First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Announces $0.23 Monthly Dividend

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a monthly dividend on Monday, April 20th, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 21st will be given a dividend of 0.225 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 6.6%. The ex-dividend date of this dividend is Tuesday, April 21st.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.6%

Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.26 on Tuesday, hitting $40.96. The stock had a trading volume of 45,770 shares, compared to its average volume of 335,458. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.01 and a 52-week high of $42.40. The company’s 50 day moving average price is $40.99 and its 200 day moving average price is $41.52.

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. HYLS was launched on Feb 27, 2013 and is managed by First Trust.