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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a dividend on Wednesday, May 20th, NASDAQ Dividends reports. Shareholders of record on Thursday, May 21st will be given a dividend of 0.23 per share on Friday, May 29th. The ex-dividend date of this dividend is Thursday, May 21st.

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

HYLS traded down $0.24 during trading on Thursday, hitting $40.69. 112,879 shares of the stock were exchanged, compared to its average volume of 295,336. The firm has a 50 day simple moving average of $40.86 and a 200 day simple moving average of $41.38. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 1 year low of $40.01 and a 1 year high of $42.40.

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.