Principal Securities Inc. Grows Holdings in Principal Active High Yield ETF (NYSEARCA:YLD)

Principal Securities Inc. boosted its holdings in Principal Active High Yield ETF (NYSEARCA:YLD) by 16.0% in the 4th quarter, HoldingsChannel reports. The firm owned 849,222 shares of the company’s stock after purchasing an additional 117,399 shares during the quarter. Principal Securities Inc. owned approximately 0.09% of Principal Active High Yield ETF worth $16,288,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC boosted its stake in Principal Active High Yield ETF by 32.6% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 3,154 shares of the company’s stock worth $60,000 after purchasing an additional 775 shares during the period. Capital Investment Advisory Services LLC boosted its stake in Principal Active High Yield ETF by 241.6% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,237 shares of the company’s stock worth $158,000 after purchasing an additional 5,826 shares during the period. TFB Advisors LLC bought a new position in Principal Active High Yield ETF in the 4th quarter worth approximately $195,000. MML Investors Services LLC bought a new position in Principal Active High Yield ETF in the 3rd quarter worth approximately $269,000. Finally, PFG Investments LLC bought a new position in Principal Active High Yield ETF in the 3rd quarter worth approximately $435,000.

Principal Active High Yield ETF Stock Performance

YLD stock opened at $19.41 on Friday. Principal Active High Yield ETF has a 1-year low of $18.66 and a 1-year high of $19.71. The business has a 50 day simple moving average of $19.36 and a two-hundred day simple moving average of $19.39.

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.