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

Cyndeo Wealth Partners LLC increased its position in Principal Active High Yield ETF (NYSEARCA:YLD) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 971,848 shares of the company’s stock after acquiring an additional 38,514 shares during the quarter. Principal Active High Yield ETF accounts for about 1.0% of Cyndeo Wealth Partners LLC’s investment portfolio, making the stock its 24th biggest holding. Cyndeo Wealth Partners LLC’s holdings in Principal Active High Yield ETF were worth $18,470,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Belpointe Asset Management LLC lifted its holdings in Principal Active High Yield ETF by 8.1% in 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 bought a new stake in shares of Principal Active High Yield ETF during the 2nd quarter valued at about $25,000. Verus Capital Partners LLC increased its position in shares of Principal Active High Yield ETF by 8.7% during the 3rd quarter. Verus Capital Partners LLC now owns 20,521 shares of the company’s stock valued at $399,000 after purchasing an additional 1,646 shares during the last quarter. Cedar Point Capital Partners LLC increased 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 valued at $3,047,000 after purchasing an additional 1,704 shares during the last quarter. Finally, Brueske Advisory Services LLC lifted its stake in shares of Principal Active High Yield ETF by 6.9% in 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 period.

Principal Active High Yield ETF Price Performance

YLD opened at $18.74 on Friday. The company’s 50 day moving average is $19.08 and its 200 day moving average is $19.14. Principal Active High Yield ETF has a 12-month low of $17.88 and a 12-month 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.