First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) Announces Dividend Increase – $0.22 Per Share

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) declared a dividend on Thursday, December 12th,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.215 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF’s previous dividend of $0.21.

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Price Performance

Shares of NASDAQ:HYLS traded down $0.03 during trading on Friday, reaching $41.67. 112,347 shares of the company’s stock traded hands, compared to its average volume of 180,121. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a fifty-two week low of $40.12 and a fifty-two week high of $42.55. The company has a 50-day simple moving average of $41.74 and a 200-day simple moving average of $41.41.

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.