Stifel Financial Corp Invests $546,000 in Principal Active High Yield ETF (NYSEARCA:YLD)

Stifel Financial Corp bought a new stake in shares of Principal Active High Yield ETF (NYSEARCA:YLD) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 27,936 shares of the company’s stock, valued at approximately $546,000. Stifel Financial Corp owned approximately 0.30% of Principal Active High Yield ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in YLD. Ameritas Advisory Services LLC lifted its stake in shares of Principal Active High Yield ETF by 1.9% during the second quarter. Ameritas Advisory Services LLC now owns 38,477 shares of the company’s stock worth $733,000 after buying an additional 726 shares during the period. Commonwealth Equity Services LLC raised its stake in Principal Active High Yield ETF by 7.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 23,543 shares of the company’s stock worth $449,000 after acquiring an additional 1,668 shares during the last quarter. First Community Trust NA acquired a new stake in Principal Active High Yield ETF during the 3rd quarter worth about $83,000. PFG Investments LLC purchased a new stake in Principal Active High Yield ETF during the 3rd quarter valued at about $435,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Principal Active High Yield ETF by 14.1% in the second quarter. Envestnet Asset Management Inc. now owns 200,984 shares of the company’s stock valued at $3,829,000 after purchasing an additional 24,775 shares during the period.

Principal Active High Yield ETF Stock Performance

Shares of NYSEARCA:YLD opened at $19.43 on Friday. Principal Active High Yield ETF has a 52-week low of $18.66 and a 52-week high of $19.71. The business has a 50-day moving average price of $19.45 and a 200-day moving average price of $19.33.

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.