712,304 Shares in Principal Active High Yield ETF $YLD Bought by Balanced Wealth Group LLC

Balanced Wealth Group LLC bought a new position in Principal Active High Yield ETF (NYSEARCA:YLD) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 712,304 shares of the company’s stock, valued at approximately $13,787,000. Principal Active High Yield ETF accounts for about 5.0% of Balanced Wealth Group LLC’s portfolio, making the stock its 5th biggest position. Balanced Wealth Group LLC owned about 2.94% of Principal Active High Yield ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Belpointe Asset Management LLC boosted its holdings in Principal Active High Yield ETF by 8.1% during the third quarter. Belpointe Asset Management LLC now owns 12,347 shares of the company’s stock valued at $240,000 after acquiring an additional 927 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of Principal Active High Yield ETF in the second quarter valued at about $25,000. Verus Capital Partners LLC increased its stake in shares of Principal Active High Yield ETF by 8.7% in the third quarter. Verus Capital Partners LLC now owns 20,521 shares of the company’s stock worth $399,000 after purchasing an additional 1,646 shares during the period. Cedar Point Capital Partners LLC lifted its position in shares of Principal Active High Yield ETF by 1.1% during the 3rd quarter. Cedar Point Capital Partners LLC now owns 156,683 shares of the company’s stock worth $3,047,000 after purchasing an additional 1,704 shares during the last quarter. Finally, Brueske Advisory Services LLC lifted its position in shares of Principal Active High Yield ETF by 6.9% during the 3rd quarter. Brueske Advisory Services LLC now owns 32,143 shares of the company’s stock worth $625,000 after purchasing an additional 2,068 shares during the last quarter.

Principal Active High Yield ETF Stock Performance

Shares of NYSEARCA:YLD opened at $18.77 on Friday. The business has a 50 day moving average price of $19.06 and a 200 day moving average price of $19.13. Principal Active High Yield ETF has a twelve month low of $17.88 and a twelve month high of $19.48.

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. YLD was launched on Jul 9, 2015 and is managed by Principal.