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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a dividend on Monday, July 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, July 21st will be given a dividend of 0.23 per share on Friday, July 31st. The ex-dividend date is Tuesday, July 21st.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Stock Down 0.7%

Shares of HYLS stock traded down $0.30 during midday trading on Tuesday, reaching $40.61. 200,768 shares of the stock were exchanged, compared to its average volume of 268,737. 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. The company’s 50 day moving average is $40.81 and its two-hundred day moving average is $41.09.

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.