First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF to Issue Monthly Dividend of $0.21 (NASDAQ:HYLS)

Posted by Amy Steele on Apr 23rd, 2024

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Get Free Report) announced a monthly dividend on Monday, April 22nd, NASDAQ reports. Stockholders of record on Wednesday, April 24th will be paid a dividend of 0.2125 per share on Tuesday, April 30th. This represents a $2.55 annualized dividend and a dividend yield of 6.31%. The ex-dividend date of this dividend is Tuesday, April 23rd.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Up 0.4 %

Shares of NASDAQ:HYLS traded up $0.14 during midday trading on Tuesday, hitting $40.43. The stock had a trading volume of 129,288 shares, compared to its average volume of 186,361. The stock has a 50 day moving average price of $41.00 and a two-hundred day moving average price of $40.57. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $37.78 and a 1 year high of $41.79.

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

(Get Free Report)

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.