Cedar Point Capital Partners LLC Acquires 4,368 Shares of Principal Active High Yield ETF (NYSEARCA:YLD)

Cedar Point Capital Partners LLC raised its holdings in Principal Active High Yield ETF (NYSEARCA:YLD) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 196,176 shares of the company’s stock after buying an additional 4,368 shares during the period. Principal Active High Yield ETF comprises about 2.5% of Cedar Point Capital Partners LLC’s holdings, making the stock its 13th largest position. Cedar Point Capital Partners LLC owned approximately 2.11% of Principal Active High Yield ETF worth $3,763,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in YLD. Principal Securities Inc. raised its holdings in shares of Principal Active High Yield ETF by 89.4% in the third quarter. Principal Securities Inc. now owns 731,823 shares of the company’s stock valued at $14,292,000 after purchasing an additional 345,511 shares during the last quarter. Jane Street Group LLC purchased a new stake in Principal Active High Yield ETF during the third quarter worth about $1,583,000. JPMorgan Chase & Co. boosted its position in Principal Active High Yield ETF by 12.7% during the third 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. McAdam LLC bought a new position in Principal Active High Yield ETF during the third quarter worth about $1,223,000. Finally, Stifel Financial Corp bought a new position in Principal Active High Yield ETF during the third quarter worth about $546,000.

Principal Active High Yield ETF Trading Down 0.2 %

Shares of NYSEARCA:YLD opened at $19.38 on Thursday. The company has a 50-day moving average price of $19.39 and a two-hundred day moving average price of $19.36. Principal Active High Yield ETF has a twelve month low of $18.66 and a twelve month high of $19.71.

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.