Nicolet Advisory Services LLC reduced its stake in Principal Active High Yield ETF (NYSEARCA:YLD – Free Report) by 19.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 433,302 shares of the company’s stock after selling 106,235 shares during the period. Nicolet Advisory Services LLC’s holdings in Principal Active High Yield ETF were worth $8,270,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of YLD. Farther Finance Advisors LLC purchased a new position in shares of Principal Active High Yield ETF in the 4th quarter valued at approximately $79,000. IFP Advisors Inc purchased a new position in shares of Principal Active High Yield ETF in the 3rd quarter valued at approximately $104,000. Advisory Services Network LLC purchased a new position in shares of Principal Active High Yield ETF in the 3rd quarter valued at approximately $173,000. Elevatus Welath Management purchased a new position in shares of Principal Active High Yield ETF in the 3rd quarter valued at approximately $206,000. Finally, Transcendent Capital Group LLC purchased a new position in shares of Principal Active High Yield ETF in the 4th quarter valued at approximately $255,000.
Principal Active High Yield ETF Stock Up 0.5%
Shares of Principal Active High Yield ETF stock opened at $19.02 on Friday. The company has a 50 day moving average price of $19.00 and a 200 day moving average price of $19.03. Principal Active High Yield ETF has a 52 week low of $18.67 and a 52 week high of $19.48.
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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Want to see what other hedge funds are holding YLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Principal Active High Yield ETF (NYSEARCA:YLD – Free Report).
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