Smartleaf Asset Management LLC Boosts Stake in Principal Active High Yield ETF (NYSEARCA:YLD)

Smartleaf Asset Management LLC increased its stake in Principal Active High Yield ETF (NYSEARCA:YLD) by 65.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,115 shares of the company’s stock after acquiring an additional 4,405 shares during the period. Smartleaf Asset Management LLC owned about 0.12% of Principal Active High Yield ETF worth $213,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Principal Financial Group Inc. grew its position in Principal Active High Yield ETF by 8.0% during the fourth quarter. Principal Financial Group Inc. now owns 2,529,582 shares of the company’s stock valued at $48,517,000 after acquiring an additional 187,036 shares during the last quarter. Principal Securities Inc. boosted its stake in shares of Principal Active High Yield ETF by 16.0% in the 4th quarter. Principal Securities Inc. now owns 849,222 shares of the company’s stock valued at $16,288,000 after purchasing an additional 117,399 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Principal Active High Yield ETF during the 3rd quarter valued at $1,583,000. JPMorgan Chase & Co. raised its position in Principal Active High Yield ETF by 12.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 609,578 shares of the company’s stock worth $11,905,000 after purchasing an additional 68,685 shares during the period. Finally, Strategic Planning Group LLC lifted its stake in Principal Active High Yield ETF by 5.2% in the fourth quarter. Strategic Planning Group LLC now owns 1,051,167 shares of the company’s stock worth $20,161,000 after purchasing an additional 52,354 shares during the last quarter.

Principal Active High Yield ETF Stock Performance

NYSEARCA YLD opened at $19.31 on Thursday. The company has a 50-day simple moving average of $19.35 and a two-hundred day simple moving average of $19.41. Principal Active High Yield ETF has a 12-month low of $18.66 and a 12-month high of $19.71.

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.