First Trust Tactical High Yield ETF (NASDAQ:HYLS) Increases Dividend to $0.22 Per Share

First Trust Tactical High Yield ETF (NASDAQ:HYLSGet Rating) announced a monthly dividend on Monday, January 23rd, Zacks reports. Investors of record on Wednesday, January 25th will be given a dividend of 0.219 per share on Tuesday, January 31st. This represents a $2.63 annualized dividend and a yield of 6.56%. The ex-dividend date is Tuesday, January 24th. This is a positive change from First Trust Tactical High Yield ETF’s previous monthly dividend of $0.22.

First Trust Tactical High Yield ETF Stock Performance

First Trust Tactical High Yield ETF stock opened at $40.05 on Wednesday. The business has a 50-day simple moving average of $39.76 and a two-hundred day simple moving average of $40.03. First Trust Tactical High Yield ETF has a 52-week low of $38.07 and a 52-week high of $47.25.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in HYLS. First Trust Advisors LP raised its holdings in shares of First Trust Tactical High Yield ETF by 44.6% during the 1st quarter. First Trust Advisors LP now owns 3,204,640 shares of the company’s stock worth $146,644,000 after acquiring an additional 988,586 shares in the last quarter. UBS Group AG lifted its holdings in First Trust Tactical High Yield ETF by 0.6% during the 1st quarter. UBS Group AG now owns 1,489,307 shares of the company’s stock valued at $68,151,000 after buying an additional 9,533 shares in the last quarter. Royal Bank of Canada raised its stake in shares of First Trust Tactical High Yield ETF by 8.8% during the first quarter. Royal Bank of Canada now owns 927,650 shares of the company’s stock valued at $42,449,000 after acquiring an additional 74,817 shares in the last quarter. Baird Financial Group Inc. increased its holdings in First Trust Tactical High Yield ETF by 73.0% during the 3rd quarter. Baird Financial Group Inc. now owns 179,644 shares of the company’s stock worth $6,884,000 after purchasing an additional 75,782 shares during the period. Finally, Citadel Advisors LLC lifted its holdings in shares of First Trust Tactical High Yield ETF by 581.3% in the 3rd quarter. Citadel Advisors LLC now owns 170,659 shares of the company’s stock worth $6,540,000 after buying an additional 145,611 shares during the period.

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Dividend History for First Trust Tactical High Yield ETF (NASDAQ:HYLS)

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