First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Shareholders to Get $0.22 Monthly Dividend

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, October 21st will be given a dividend of $0.22 per share on Friday, October 30th. This represents a $2.64 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Wednesday, October 21st.

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

NASDAQ HYLS traded down $0.16 on Wednesday, hitting $39.32. 43,337 shares of the stock were exchanged, compared to its average volume of 252,186. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $39.01 and a 52-week high of $42.40. The stock has a fifty day moving average price of $40.09 and a two-hundred day moving average price of $40.56.

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.