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

Balanced Wealth Group LLC purchased a new position in shares of Principal Active High Yield ETF (NYSEARCA:YLD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 712,304 shares of the company’s stock, valued at approximately $13,787,000. Principal Active High Yield ETF accounts for approximately 5.0% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 5th largest holding.

Other institutional investors also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC bought a new stake in shares of Principal Active High Yield ETF in the 2nd quarter valued at approximately $25,000. IFP Advisors Inc acquired a new position in shares of Principal Active High Yield ETF in the 3rd quarter worth approximately $104,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of Principal Active High Yield ETF during the 3rd quarter worth approximately $138,000. Advisory Services Network LLC bought a new position in shares of Principal Active High Yield ETF during the 3rd quarter worth approximately $173,000. Finally, Elevatus Welath Management acquired a new stake in Principal Active High Yield ETF in the 3rd quarter valued at $206,000.

Principal Active High Yield ETF Trading Down 0.8%

Shares of NYSEARCA:YLD opened at $18.77 on Friday. The business’s fifty day moving average price is $19.06 and its two-hundred day moving average price is $19.13. Principal Active High Yield ETF has a fifty-two week low of $17.88 and a fifty-two week 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.