Envestnet Asset Management Inc. Purchases 28,495 Shares of Principal Spectrum Tax-Advantaged Dividend Active ETF $PQDI

Envestnet Asset Management Inc. increased its holdings in shares of Principal Spectrum Tax-Advantaged Dividend Active ETF (NYSEARCA:PQDI) by 5.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 517,934 shares of the company’s stock after buying an additional 28,495 shares during the period. Envestnet Asset Management Inc. owned 16.71% of Principal Spectrum Tax-Advantaged Dividend Active ETF worth $10,175,000 at the end of the most recent quarter.

Separately, Wealth Enhancement Advisory Services LLC boosted its position in shares of Principal Spectrum Tax-Advantaged Dividend Active ETF by 12.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 179,323 shares of the company’s stock worth $3,508,000 after purchasing an additional 20,098 shares during the last quarter.

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

Shares of Principal Spectrum Tax-Advantaged Dividend Active ETF stock opened at $19.80 on Thursday. The business has a fifty day simple moving average of $19.66 and a 200 day simple moving average of $19.58. Principal Spectrum Tax-Advantaged Dividend Active ETF has a 12 month low of $18.44 and a 12 month high of $19.81.

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. PQDI was launched on Jun 17, 2020 and is managed by Principal.