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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS – Get Free Report) announced a monthly dividend on Thursday, August 20th, NASDAQ Dividends reports. Shareholders of record on Friday, August 21st will be paid a dividend of 0.225 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Friday, August 21st.

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

Shares of HYLS traded down $0.16 during midday trading on Friday, hitting $40.56. 196,170 shares of the stock were exchanged, compared to its average volume of 254,677. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a 52-week low of $40.01 and a 52-week high of $42.40. The stock has a fifty day simple moving average of $40.73 and a 200 day simple moving average of $40.89.

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First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Company Profile

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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.

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