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

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

First Trust Tactical High Yield ETF Stock Performance

Shares of First Trust Tactical High Yield ETF stock opened at $40.05 on Wednesday. First Trust Tactical High Yield ETF has a 1 year low of $38.07 and a 1 year high of $47.25. The business has a 50 day moving average price of $39.76 and a 200 day moving average price of $40.03.

Institutional Trading of First Trust Tactical High Yield ETF

Several hedge funds and other institutional investors have recently bought and sold shares of HYLS. Bank of New York Mellon Corp purchased a new stake in First Trust Tactical High Yield ETF in the 1st quarter worth approximately $372,000. D.A. Davidson & CO. grew its stake in First Trust Tactical High Yield ETF by 11.4% in the 1st quarter. D.A. Davidson & CO. now owns 6,028 shares of the company’s stock worth $276,000 after acquiring an additional 618 shares during the period. Baird Financial Group Inc. grew its stake in First Trust Tactical High Yield ETF by 86.7% in the 1st quarter. Baird Financial Group Inc. now owns 102,943 shares of the company’s stock worth $4,711,000 after acquiring an additional 47,803 shares during the period. First Trust Advisors LP grew its stake in First Trust Tactical High Yield ETF by 44.6% in 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 during the period. Finally, Flow Traders U.S. LLC grew its stake in First Trust Tactical High Yield ETF by 611.6% in the 1st quarter. Flow Traders U.S. LLC now owns 53,633 shares of the company’s stock worth $2,454,000 after acquiring an additional 46,096 shares during the period.

Featured Articles

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

Receive News & Ratings for First Trust Tactical High Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Tactical High Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.