Principal Securities Inc. raised its holdings in shares of Principal Active High Yield ETF (NYSEARCA:YLD – Free Report) by 35.9% in the fourth quarter, HoldingsChannel reports. The firm owned 2,872,059 shares of the company’s stock after buying an additional 759,231 shares during the quarter. Principal Active High Yield ETF makes up 0.8% of Principal Securities Inc.’s investment portfolio, making the stock its 21st biggest position. Principal Securities Inc. owned approximately 0.12% of Principal Active High Yield ETF worth $54,583,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of YLD. Farther Finance Advisors LLC bought a new stake in shares of Principal Active High Yield ETF during the 4th quarter valued at about $79,000. IFP Advisors Inc bought a new stake in shares of Principal Active High Yield ETF during the 3rd quarter valued at about $104,000. Advisory Services Network LLC bought a new stake in shares of Principal Active High Yield ETF during the 3rd quarter valued at about $173,000. Elevatus Welath Management bought a new stake in shares of Principal Active High Yield ETF during the 3rd quarter valued at about $206,000. Finally, Transcendent Capital Group LLC bought a new stake in shares of Principal Active High Yield ETF during the 4th quarter valued at about $255,000.
Principal Active High Yield ETF Price Performance
Shares of YLD opened at $18.93 on Friday. The firm’s 50-day moving average price is $18.99 and its 200-day moving average price is $19.03. Principal Active High Yield ETF has a 1-year low of $18.67 and a 1-year high of $19.48.
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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Want to see what other hedge funds are holding YLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal Active High Yield ETF (NYSEARCA:YLD – Free Report).
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