JPMorgan Chase & Co. Buys 37,150 Shares of Principal Active High Yield ETF $YLD

JPMorgan Chase & Co. grew its stake in shares of Principal Active High Yield ETF (NYSEARCA:YLD) by 8.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 475,448 shares of the company’s stock after buying an additional 37,150 shares during the quarter. JPMorgan Chase & Co. owned 2.16% of Principal Active High Yield ETF worth $9,247,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Ameriprise Financial Inc. bought a new stake in Principal Active High Yield ETF during the third quarter worth about $20,503,000. Envestnet Asset Management Inc. boosted its holdings in shares of Principal Active High Yield ETF by 59.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,615,916 shares of the company’s stock worth $31,428,000 after purchasing an additional 599,314 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Principal Active High Yield ETF by 26.4% during the 3rd quarter. Raymond James Financial Inc. now owns 748,137 shares of the company’s stock valued at $14,551,000 after purchasing an additional 156,276 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in shares of Principal Active High Yield ETF during the 3rd quarter valued at about $2,475,000. Finally, Royal Bank of Canada raised its holdings in shares of Principal Active High Yield ETF by 102.9% during the 1st quarter. Royal Bank of Canada now owns 240,680 shares of the company’s stock valued at $4,585,000 after buying an additional 122,046 shares in the last quarter.

Principal Active High Yield ETF Stock Performance

NYSEARCA:YLD opened at $18.73 on Monday. The business has a 50 day moving average of $19.05 and a 200 day moving average of $19.12. Principal Active High Yield ETF has a 1-year low of $17.88 and a 1-year high of $19.48.

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.