Elevatus Welath Management Increases Position in Principal Active High Yield ETF $YLD

Elevatus Welath Management raised its holdings in shares of Principal Active High Yield ETF (NYSEARCA:YLD) by 911.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 107,017 shares of the company’s stock after purchasing an additional 96,436 shares during the period. Elevatus Welath Management’s holdings in Principal Active High Yield ETF were worth $2,034,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its position in shares of Principal Active High Yield ETF by 3.9% in the 3rd quarter. Principal Financial Group Inc. now owns 2,870,483 shares of the company’s stock worth $55,568,000 after purchasing an additional 107,944 shares in the last quarter. Envestnet Asset Management Inc. grew its stake 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 buying an additional 599,314 shares during the last quarter. Ameriprise Financial Inc. bought a new position in Principal Active High Yield ETF during the 3rd quarter valued at approximately $20,503,000. Cyndeo Wealth Partners LLC raised its stake in Principal Active High Yield ETF by 4.1% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 971,848 shares of the company’s stock valued at $18,470,000 after buying an additional 38,514 shares during the last quarter. Finally, Ameritas Investment Partners Inc. raised its stake in Principal Active High Yield ETF by 6.7% during the third quarter. Ameritas Investment Partners Inc. now owns 826,104 shares of the company’s stock valued at $16,067,000 after buying an additional 51,880 shares during the last quarter.

Principal Active High Yield ETF Price Performance

Principal Active High Yield ETF stock opened at $18.73 on Friday. Principal Active High Yield ETF has a 12 month low of $17.88 and a 12 month high of $19.48. The business’s fifty day simple moving average is $19.05 and its two-hundred day simple moving average is $19.12.

About Principal Active High Yield ETF

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.