Principal Active High Yield ETF (NYSEARCA:YLD – Get Free Report) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 69,476 shares, a decrease of 39.9% from the July 30th total of 115,570 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 139,118 shares, the short-interest ratio is currently 0.5 days.
Principal Active High Yield ETF Stock Down 1.1%
Principal Active High Yield ETF stock traded down $0.20 during midday trading on Tuesday, hitting $18.83. 923,248 shares of the stock were exchanged, compared to its average volume of 189,412. Principal Active High Yield ETF has a 52-week low of $18.67 and a 52-week high of $19.48. The business’s 50-day moving average price is $18.95 and its 200-day moving average price is $18.98.
Hedge Funds Weigh In On Principal Active High Yield ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ameritas Advisory Services LLC increased its position in shares of Principal Active High Yield ETF by 60.3% during the second quarter. Ameritas Advisory Services LLC now owns 104,007 shares of the company’s stock valued at $1,984,000 after acquiring an additional 39,129 shares during the last quarter. Allied Private Wealth LLC purchased a new stake in shares of Principal Active High Yield ETF during the 2nd quarter valued at $192,000. Western Wealth Management LLC bought a new stake in shares of Principal Active High Yield ETF during the 1st quarter worth $530,000. Royal Bank of Canada raised its stake in shares of Principal Active High Yield ETF by 0.4% during the 1st quarter. Royal Bank of Canada now owns 428,934 shares of the company’s stock worth $8,133,000 after purchasing an additional 1,734 shares during the period. Finally, Cetera Investment Advisers purchased a new position in shares of Principal Active High Yield ETF in the 1st quarter worth about $191,000.
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.
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