Principal Active High Yield ETF (NYSEARCA:YLD – Get Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 69,476 shares, a decrease of 39.9% from the July 30th total of 115,570 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 139,118 shares, the days-to-cover ratio is currently 0.5 days.
Principal Active High Yield ETF Stock Down 0.2%
Shares of YLD stock traded down $0.04 during trading hours on Monday, reaching $18.98. The stock had a trading volume of 6,124 shares, compared to its average volume of 184,685. The firm has a 50-day simple moving average of $18.95 and a 200-day simple moving average of $18.98. Principal Active High Yield ETF has a twelve month low of $18.67 and a twelve month high of $19.48.
Hedge Funds Weigh In On Principal Active High Yield ETF
Several large investors have recently bought and sold shares of YLD. Principal Financial Group Inc. increased its stake in shares of Principal Active High Yield ETF by 4.4% during the first quarter. Principal Financial Group Inc. now owns 3,125,570 shares of the company’s stock valued at $58,919,000 after acquiring an additional 132,490 shares during the period. Principal Securities Inc. boosted its stake in 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 valued at $54,583,000 after purchasing an additional 759,231 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in shares of Principal Active High Yield ETF during the 3rd quarter valued at $20,503,000. Ameritas Investment Partners Inc. increased its position in shares of Principal Active High Yield ETF by 6.6% during the 4th quarter. Ameritas Investment Partners Inc. now owns 880,646 shares of the company’s stock valued at $16,737,000 after purchasing an additional 54,542 shares during the period. Finally, Balanced Wealth Group LLC raised its stake in shares of Principal Active High Yield ETF by 15.6% in the 1st quarter. Balanced Wealth Group LLC now owns 823,074 shares of the company’s stock worth $15,605,000 after buying an additional 110,770 shares in the last quarter.
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.
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