JPMorgan Chase & Co. Reduces Stake in Principal Active High Yield ETF (NYSEARCA:YLD)

JPMorgan Chase & Co. trimmed its position in shares of Principal Active High Yield ETF (NYSEARCA:YLD) by 4.3% during the fourth quarter, Holdings Channel reports. The firm owned 583,350 shares of the company’s stock after selling 26,228 shares during the quarter. JPMorgan Chase & Co. owned about 0.06% of Principal Active High Yield ETF worth $11,189,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. GPS Wealth Strategies Group LLC boosted its position in shares of Principal Active High Yield ETF by 32.6% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 3,154 shares of the company’s stock worth $60,000 after buying an additional 775 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Principal Active High Yield ETF by 16.5% in the fourth quarter. Global Retirement Partners LLC now owns 6,979 shares of the company’s stock valued at $134,000 after purchasing an additional 988 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in shares of Principal Active High Yield ETF by 241.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 8,237 shares of the company’s stock valued at $158,000 after purchasing an additional 5,826 shares during the last quarter. TFB Advisors LLC purchased a new position in shares of Principal Active High Yield ETF during the 4th quarter worth approximately $195,000. Finally, Oak Hill Wealth Advisors LLC acquired a new position in shares of Principal Active High Yield ETF during the 4th quarter worth approximately $209,000.

Principal Active High Yield ETF Trading Up 0.3 %

Shares of NYSEARCA:YLD opened at $18.47 on Monday. The business’s fifty day moving average price is $19.11 and its two-hundred day moving average price is $19.31. Principal Active High Yield ETF has a one year low of $17.88 and a one year 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.