Envestnet Asset Management Inc. Has $10.09 Million Stock Holdings in Principal Spectrum Tax-Advantaged Dividend Active ETF (NYSEARCA:PQDI)

Envestnet Asset Management Inc. lifted its stake in Principal Spectrum Tax-Advantaged Dividend Active ETF (NYSEARCA:PQDI) by 3.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 530,123 shares of the company’s stock after acquiring an additional 15,850 shares during the quarter. Envestnet Asset Management Inc. owned approximately 27.90% of Principal Spectrum Tax-Advantaged Dividend Active ETF worth $10,093,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Wealth Enhancement Advisory Services LLC increased its stake in shares of Principal Spectrum Tax-Advantaged Dividend Active ETF by 7.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 137,244 shares of the company’s stock worth $2,606,000 after acquiring an additional 8,974 shares during the last quarter.

Principal Spectrum Tax-Advantaged Dividend Active ETF Stock Up 0.2%

NYSEARCA PQDI opened at $19.32 on Monday. Principal Spectrum Tax-Advantaged Dividend Active ETF has a 1-year low of $18.45 and a 1-year high of $19.74. The firm’s fifty day simple moving average is $19.17 and its 200-day simple moving average is $19.02.

Principal Spectrum Tax-Advantaged Dividend Active ETF Company Profile

The Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively selects dividend-paying securities that have favorable federal tax treatment, including preferred and capital securities, from global issuers.