Principal Active High Yield ETF (NYSEARCA:YLD – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 168,796 shares, a growth of 122.9% from the May 14th total of 75,724 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily volume of 177,289 shares, the short-interest ratio is currently 1.0 days.
Principal Active High Yield ETF Stock Performance
YLD opened at $19.02 on Friday. The company has a fifty day moving average price of $19.00 and a 200-day moving average price of $19.03. Principal Active High Yield ETF has a one year low of $18.67 and a one year high of $19.48.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Ameritas Advisory Services LLC lifted its holdings in shares of Principal Active High Yield ETF by 89.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 61,569 shares of the company’s stock worth $1,170,000 after acquiring an additional 28,988 shares during the last quarter. Elevatus Welath Management lifted its holdings in shares of Principal Active High Yield ETF by 911.4% during the 4th quarter. Elevatus Welath Management now owns 107,017 shares of the company’s stock worth $2,034,000 after acquiring an additional 96,436 shares during the last quarter. BlueStem Wealth Partners LLC lifted its holdings in shares of Principal Active High Yield ETF by 16.7% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 267,765 shares of the company’s stock worth $5,208,000 after acquiring an additional 38,228 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Principal Active High Yield ETF by 4.3% during the 4th quarter. Principal Financial Group Inc. now owns 2,993,080 shares of the company’s stock worth $56,793,000 after acquiring an additional 122,597 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Principal Active High Yield ETF by 8.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 475,448 shares of the company’s stock worth $9,247,000 after acquiring an additional 37,150 shares during the last quarter.
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.
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