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

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%

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF stock traded down $0.24 during trading hours on Thursday, hitting $40.69. The stock had a trading volume of 112,879 shares, compared to its average volume of 295,336. The company has a 50-day moving average of $40.86 and a two-hundred day moving average of $41.38. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.01 and a fifty-two week high of $42.40.

Hedge Funds Weigh In On First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF

Large investors have recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 244.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 645 shares of the company’s stock valued at $27,000 after buying an additional 458 shares in the last quarter. Allworth Financial LP acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 3rd quarter valued at $29,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF in the 1st quarter valued at $33,000. Sound Income Strategies LLC raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 1,104.0% in the 4th quarter. Sound Income Strategies LLC now owns 1,216 shares of the company’s stock valued at $51,000 after buying an additional 1,115 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF by 67.3% in the 4th quarter. IFP Advisors Inc now owns 1,330 shares of the company’s stock valued at $56,000 after buying an additional 535 shares in the last quarter.

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