Western Wealth Management LLC Buys New Shares in Principal Active High Yield ETF $YLD

Western Wealth Management LLC bought a new position in shares of Principal Active High Yield ETF (NYSEARCA:YLD) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 27,963 shares of the company’s stock, valued at approximately $530,000.

Several other large investors have also recently bought and sold shares of YLD. Ameriprise Financial Inc. bought a new position in Principal Active High Yield ETF in the third quarter valued at approximately $20,503,000. Principal Securities Inc. raised its stake in shares of Principal Active High Yield ETF by 35.9% during the 4th quarter. Principal Securities Inc. now owns 2,872,059 shares of the company’s stock worth $54,583,000 after purchasing an additional 759,231 shares in the last quarter. Stifel Financial Corp boosted its holdings in shares of Principal Active High Yield ETF by 246.8% in the 4th quarter. Stifel Financial Corp now owns 305,262 shares of the company’s stock valued at $5,801,000 after buying an additional 217,252 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Principal Active High Yield ETF in the 4th quarter valued at approximately $2,989,000. Finally, Raymond James Financial Inc. boosted its holdings 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 buying an additional 156,276 shares during the last quarter.

Principal Active High Yield ETF Price Performance

NYSEARCA:YLD opened at $18.86 on Tuesday. Principal Active High Yield ETF has a 1-year low of $18.67 and a 1-year high of $19.48. The firm has a fifty day simple moving average of $18.98 and a 200 day simple moving average of $19.01.

About Principal Active High Yield ETF

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.