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

First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF (NASDAQ:HYLS) announced a dividend on Thursday, December 12th,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.215 per share on Tuesday, December 31st. The ex-dividend date 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 midday trading on Friday, reaching $41.67. 112,347 shares of the company were exchanged, compared to its average volume of 180,121. The business’s fifty day moving average is $41.74 and its two-hundred day moving average is $41.41. First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF has a one year low of $40.12 and a one year high of $42.55.

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.