Principal Active High Yield ETF $YLD Shares Purchased by DAVENPORT & Co LLC

DAVENPORT & Co LLC grew its position in Principal Active High Yield ETF (NYSEARCA:YLD) by 36.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 20,708 shares of the company’s stock after acquiring an additional 5,527 shares during the period. DAVENPORT & Co LLC’s holdings in Principal Active High Yield ETF were worth $401,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. increased its stake in Principal Active High Yield ETF by 3.1% in the 1st quarter. Principal Financial Group Inc. now owns 2,607,556 shares of the company’s stock valued at $49,674,000 after purchasing an additional 77,974 shares in the last quarter. LPL Financial LLC boosted its stake in Principal Active High Yield ETF by 120.5% during the 1st quarter. LPL Financial LLC now owns 1,391,583 shares of the company’s stock valued at $26,510,000 after purchasing an additional 760,505 shares in the last quarter. Cyndeo Wealth Partners LLC boosted its stake in shares of Principal Active High Yield ETF by 5.6% during the 1st quarter. Cyndeo Wealth Partners LLC now owns 929,537 shares of the company’s stock worth $17,708,000 after acquiring an additional 49,077 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Principal Active High Yield ETF by 9.8% in the first quarter. Envestnet Asset Management Inc. now owns 599,008 shares of the company’s stock valued at $11,411,000 after purchasing an additional 53,551 shares in the last quarter. Finally, Empowered Funds LLC acquired a new position in Principal Active High Yield ETF during the first quarter worth $7,638,000.

Principal Active High Yield ETF Stock Performance

Shares of YLD opened at $19.07 on Monday. Principal Active High Yield ETF has a 12 month low of $17.88 and a 12 month high of $19.65. The company has a 50-day moving average price of $19.31 and a two-hundred day moving average price of $19.09.

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.