Principal Financial Group Inc. Buys 187,036 Shares of Principal Active High Yield ETF (NYSEARCA:YLD)

Principal Financial Group Inc. lifted its stake in Principal Active High Yield ETF (NYSEARCA:YLD) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,529,582 shares of the company’s stock after buying an additional 187,036 shares during the period. Principal Financial Group Inc. owned about 27.20% of Principal Active High Yield ETF worth $48,517,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in YLD. GPS Wealth Strategies Group LLC increased its holdings in shares of Principal Active High Yield ETF by 32.6% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 3,154 shares of the company’s stock worth $60,000 after buying an additional 775 shares in the last quarter. Capital Investment Advisory Services LLC increased its holdings in shares of Principal Active High Yield ETF by 241.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 8,237 shares of the company’s stock worth $158,000 after buying an additional 5,826 shares in the last quarter. TFB Advisors LLC acquired a new stake in shares of Principal Active High Yield ETF during the fourth quarter worth approximately $195,000. MML Investors Services LLC acquired a new stake in shares of Principal Active High Yield ETF during the third quarter worth approximately $269,000. Finally, PFG Investments LLC acquired a new stake in shares of Principal Active High Yield ETF during the third quarter worth approximately $435,000.

Principal Active High Yield ETF Price Performance

NYSEARCA YLD opened at $19.40 on Friday. The company has a 50 day moving average of $19.35 and a 200-day moving average of $19.40. Principal Active High Yield ETF has a 1-year low of $18.66 and a 1-year high of $19.71.

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.