Cedar Point Capital Partners LLC Grows Stock Position in Principal Active High Yield ETF (NYSEARCA:YLD)

Cedar Point Capital Partners LLC increased its position in Principal Active High Yield ETF (NYSEARCA:YLD) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,176 shares of the company’s stock after acquiring an additional 4,368 shares during the quarter. Principal Active High Yield ETF comprises approximately 2.5% of Cedar Point Capital Partners LLC’s holdings, making the stock its 13th biggest position. Cedar Point Capital Partners LLC’s holdings in Principal Active High Yield ETF were worth $3,763,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in YLD. First Community Trust NA bought a new position in Principal Active High Yield ETF in the 3rd quarter worth approximately $83,000. MML Investors Services LLC bought a new position in shares of Principal Active High Yield ETF during the 3rd quarter valued at approximately $269,000. PFG Investments LLC bought a new position in shares of Principal Active High Yield ETF during the 3rd quarter valued at approximately $435,000. Stifel Financial Corp bought a new position in shares of Principal Active High Yield ETF during the 3rd quarter valued at approximately $546,000. Finally, Orion Portfolio Solutions LLC boosted its position in shares of Principal Active High Yield ETF by 45.8% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,563 shares of the company’s stock valued at $714,000 after acquiring an additional 11,478 shares during the last quarter.

Principal Active High Yield ETF Trading Down 0.2 %

NYSEARCA YLD opened at $19.38 on Thursday. Principal Active High Yield ETF has a one year low of $18.66 and a one year high of $19.71. The stock has a 50 day moving average price of $19.39 and a 200-day moving average price of $19.36.

Principal Active High Yield ETF 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.