Principal Active High Yield ETF $YLD is Balanced Wealth Group LLC’s 5th Largest Position

Balanced Wealth Group LLC lifted its stake in Principal Active High Yield ETF (NYSEARCA:YLD) by 15.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 823,074 shares of the company’s stock after purchasing an additional 110,770 shares during the quarter. Principal Active High Yield ETF accounts for about 5.6% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 5th largest holding. Balanced Wealth Group LLC’s holdings in Principal Active High Yield ETF were worth $15,605,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its stake in Principal Active High Yield ETF by 4.3% during the fourth quarter. Principal Financial Group Inc. now owns 2,993,080 shares of the company’s stock valued at $56,793,000 after buying an additional 122,597 shares in the last quarter. Principal Securities Inc. boosted its holdings in shares of Principal Active High Yield ETF by 35.9% in the fourth quarter. Principal Securities Inc. now owns 2,872,059 shares of the company’s stock worth $54,583,000 after buying an additional 759,231 shares during the period. Ameriprise Financial Inc. purchased a new position in shares of Principal Active High Yield ETF in the third quarter worth approximately $20,503,000. Cyndeo Wealth Partners LLC increased its position in shares of Principal Active High Yield ETF by 4.1% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 971,848 shares of the company’s stock worth $18,470,000 after acquiring an additional 38,514 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its holdings in shares of Principal Active High Yield ETF by 6.6% during the fourth quarter. Ameritas Investment Partners Inc. now owns 880,646 shares of the company’s stock valued at $16,737,000 after acquiring an additional 54,542 shares during the period.

Principal Active High Yield ETF Stock Performance

Shares of NYSEARCA:YLD opened at $19.09 on Tuesday. Principal Active High Yield ETF has a 52 week low of $18.67 and a 52 week high of $19.48. The firm has a 50 day simple moving average of $19.02 and a 200 day simple moving average of $19.03.

Principal Active High Yield ETF 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.