Summit Investment Advisors Inc. Has $12.40 Million Stock Position in Principal Active High Yield ETF (NYSEARCA:YLD)

Summit Investment Advisors Inc. raised its position in shares of Principal Active High Yield ETF (NYSEARCA:YLD) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 646,289 shares of the company’s stock after purchasing an additional 33,211 shares during the period. Summit Investment Advisors Inc. owned approximately 6.95% of Principal Active High Yield ETF worth $12,396,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its position in Principal Active High Yield ETF by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 38,078 shares of the company’s stock valued at $730,000 after buying an additional 669 shares in the last quarter. PFG Investments LLC grew its holdings in Principal Active High Yield ETF by 3.4% during the 4th quarter. PFG Investments LLC now owns 23,043 shares of the company’s stock worth $442,000 after acquiring an additional 753 shares during the last quarter. GPS Wealth Strategies Group LLC increased its position in 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 valued at $60,000 after acquiring an additional 775 shares during the period. Global Retirement Partners LLC raised its stake in shares of Principal Active High Yield ETF by 16.5% during the fourth quarter. Global Retirement Partners LLC now owns 6,979 shares of the company’s stock valued at $134,000 after acquiring an additional 988 shares during the last quarter. Finally, Cedar Point Capital Partners LLC lifted its holdings in shares of Principal Active High Yield ETF by 2.3% during the fourth quarter. Cedar Point Capital Partners LLC now owns 196,176 shares of the company’s stock worth $3,763,000 after purchasing an additional 4,368 shares during the period.

Principal Active High Yield ETF Stock Up 0.3 %

Shares of NYSEARCA:YLD opened at $18.47 on Friday. The business has a fifty day simple moving average of $19.11 and a 200 day simple moving average of $19.31. Principal Active High Yield ETF has a 12-month low of $17.88 and a 12-month high of $19.71.

Principal Active High Yield ETF Company 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.