Principal Financial Group Inc. Purchases 107,944 Shares of Principal Active High Yield ETF $YLD

Principal Financial Group Inc. lifted its position in shares of Principal Active High Yield ETF (NYSEARCA:YLD) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,870,483 shares of the company’s stock after buying an additional 107,944 shares during the period. Principal Financial Group Inc. owned about 13.05% of Principal Active High Yield ETF worth $55,568,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Royal Bank of Canada boosted its position in 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 worth $4,585,000 after acquiring an additional 122,046 shares during the last quarter. Jane Street Group LLC boosted its holdings in Principal Active High Yield ETF by 373.7% during the first quarter. Jane Street Group LLC now owns 120,189 shares of the company’s stock worth $2,290,000 after purchasing an additional 94,819 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in Principal Active High Yield ETF by 36.4% during the second quarter. DAVENPORT & Co LLC now owns 20,708 shares of the company’s stock worth $401,000 after purchasing an additional 5,527 shares during the last quarter. Belpointe Asset Management LLC bought a new position in Principal Active High Yield ETF in the second quarter valued at $221,000. Finally, US Bancorp DE lifted its position in Principal Active High Yield ETF by 151.4% during the 2nd quarter. US Bancorp DE now owns 271,307 shares of the company’s stock worth $5,255,000 after buying an additional 163,383 shares in the last quarter.

Principal Active High Yield ETF Stock Performance

Principal Active High Yield ETF stock opened at $19.04 on Thursday. The firm has a 50-day moving average of $19.09 and a 200-day moving average of $19.19. Principal Active High Yield ETF has a one year low of $17.88 and a one year high of $19.48.

Principal Active High Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.1159 dividend. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date was Monday, February 2nd.

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.