Cyndeo Wealth Partners LLC Grows Position in Principal Active High Yield ETF $YLD

Cyndeo Wealth Partners LLC increased its holdings in Principal Active High Yield ETF (NYSEARCA:YLD) by 4.1% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 971,848 shares of the company’s stock after buying an additional 38,514 shares during the quarter. Principal Active High Yield ETF comprises approximately 1.0% of Cyndeo Wealth Partners LLC’s portfolio, making the stock its 24th biggest position. Cyndeo Wealth Partners LLC owned about 4.02% of Principal Active High Yield ETF worth $18,470,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of YLD. JPMorgan Chase & Co. lifted its stake in Principal Active High Yield ETF by 8.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 475,448 shares of the company’s stock valued at $9,247,000 after acquiring an additional 37,150 shares during the period. IFP Advisors Inc purchased a new stake in shares of Principal Active High Yield ETF during the 3rd quarter valued at about $104,000. Advisory Services Network LLC bought a new stake in shares of Principal Active High Yield ETF in the third quarter worth approximately $173,000. NewEdge Advisors LLC raised its holdings in shares of Principal Active High Yield ETF by 93.0% during the third quarter. NewEdge Advisors LLC now owns 220,870 shares of the company’s stock valued at $4,296,000 after purchasing an additional 106,410 shares during the last quarter. Finally, Mariner LLC raised its holdings in shares of Principal Active High Yield ETF by 28.6% during the third quarter. Mariner LLC now owns 116,414 shares of the company’s stock valued at $2,264,000 after purchasing an additional 25,870 shares during the last quarter.

Principal Active High Yield ETF Stock Performance

Shares of Principal Active High Yield ETF stock opened at $18.74 on Friday. Principal Active High Yield ETF has a twelve month low of $17.88 and a twelve month high of $19.48. The company’s 50 day moving average is $19.08 and its 200 day moving average is $19.14.

Principal Active High Yield ETF Company 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.