Principal Quality ETF (PSET) To Go Ex-Dividend on April 1st

Principal Quality ETF (NASDAQ:PSET) announced a quarterly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 1st will be paid a dividend of 0.141 per share on Monday, April 6th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Wednesday, April 1st. This is a 1.9% increase from Principal Quality ETF’s previous quarterly dividend of $0.14.

Principal Quality ETF Trading Up 0.5%

Shares of NASDAQ PSET opened at $69.91 on Thursday. The stock has a fifty day moving average price of $73.22 and a 200 day moving average price of $75.25. Principal Quality ETF has a 12-month low of $58.37 and a 12-month high of $78.20. The company has a market cap of $30.76 million, a P/E ratio of 29.66 and a beta of 1.02.

Institutional Investors Weigh In On Principal Quality ETF

A number of large investors have recently modified their holdings of the stock. Osaic Holdings Inc. lifted its position in Principal Quality ETF by 3.2% during the 2nd quarter. Osaic Holdings Inc. now owns 38,370 shares of the company’s stock worth $2,824,000 after acquiring an additional 1,178 shares in the last quarter. Raymond James Financial Inc. grew its position in Principal Quality ETF by 13.3% in the second quarter. Raymond James Financial Inc. now owns 8,708 shares of the company’s stock valued at $641,000 after acquiring an additional 1,023 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in Principal Quality ETF by 29.1% in the fourth quarter. Capital Investment Advisory Services LLC now owns 8,163 shares of the company’s stock valued at $623,000 after acquiring an additional 1,839 shares in the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Principal Quality ETF by 25.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 5,095 shares of the company’s stock valued at $392,000 after purchasing an additional 1,019 shares during the period. Finally, Abacus Wealth Partners LLC purchased a new stake in shares of Principal Quality ETF during the fourth quarter valued at approximately $212,000.

About Principal Quality ETF

The Principal Quality ETF (PSET) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that are perceived to exhibit higher quality, growth potential, and pricing power. PSET was launched on Mar 21, 2016 and is managed by Principal.