Principal Securities Inc. Acquires 759,231 Shares of Principal Active High Yield ETF $YLD

Principal Securities Inc. raised its holdings in shares of Principal Active High Yield ETF (NYSEARCA:YLD) by 35.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,872,059 shares of the company’s stock after acquiring an additional 759,231 shares during the period. Principal Active High Yield ETF comprises approximately 0.8% of Principal Securities Inc.’s portfolio, making the stock its 21st biggest holding. Principal Securities Inc. owned about 11.87% of Principal Active High Yield ETF worth $54,583,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of YLD. Ameriprise Financial Inc. bought a new position in Principal Active High Yield ETF during the third quarter valued at approximately $20,503,000. Balanced Wealth Group LLC bought a new stake in shares of Principal Active High Yield ETF in the 4th quarter valued at about $13,787,000. Envestnet Asset Management Inc. lifted its stake in shares of Principal Active High Yield ETF by 59.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,615,916 shares of the company’s stock valued at $31,428,000 after acquiring an additional 599,314 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Principal Active High Yield ETF by 26.4% in the 3rd quarter. Raymond James Financial Inc. now owns 748,137 shares of the company’s stock valued at $14,551,000 after acquiring an additional 156,276 shares during the last quarter. Finally, Diversify Advisory Services LLC bought a new stake in shares of Principal Active High Yield ETF in the 3rd quarter valued at about $2,475,000.

Principal Active High Yield ETF Price Performance

NYSEARCA YLD opened at $18.93 on Friday. Principal Active High Yield ETF has a 1-year low of $18.67 and a 1-year high of $19.48. The stock has a 50-day moving average of $18.99 and a 200-day moving average of $19.03.

Principal Active High Yield ETF Profile

The Principal Active High Yield ETF (YLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides current income through exposure to global equities, investment-grade and high-yield debt, MBS\u002FABS, preferred stock, MLPs, and REITs. YLD was launched on Jul 9, 2015 and is managed by Principal.