Kestra Private Wealth Services LLC Invests $638,000 in Principal Active High Yield ETF (NYSEARCA:YLD)

Kestra Private Wealth Services LLC acquired a new stake in shares of Principal Active High Yield ETF (NYSEARCA:YLD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 33,830 shares of the company’s stock, valued at approximately $638,000. Kestra Private Wealth Services LLC owned about 0.58% of Principal Active High Yield ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of YLD. Wright Fund Management LLC bought a new stake in Principal Active High Yield ETF in the fourth quarter valued at $415,000. Janney Montgomery Scott LLC boosted its stake in Principal Active High Yield ETF by 200.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 56,992 shares of the company’s stock valued at $1,029,000 after purchasing an additional 37,998 shares during the period. AJ Advisors LLC bought a new position in Principal Active High Yield ETF in the 4th quarter worth about $1,989,000. Cedar Point Capital Partners LLC bought a new position in Principal Active High Yield ETF in the 4th quarter worth about $4,710,000. Finally, Cyndeo Wealth Partners LLC increased its stake in shares of Principal Active High Yield ETF by 1.1% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 811,747 shares of the company’s stock valued at $15,310,000 after purchasing an additional 9,113 shares during the period.

Principal Active High Yield ETF Trading Up 0.4 %

Shares of NYSEARCA YLD opened at $19.05 on Monday. Principal Active High Yield ETF has a 12-month low of $17.62 and a 12-month high of $20.41. The stock has a 50 day simple moving average of $18.97 and a 200-day simple moving average of $18.75.

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.