Wealth Enhancement Advisory Services LLC Makes New Investment in Principal Spectrum Tax-Advantaged Dividend Active ETF (NYSEARCA:PQDI)

Wealth Enhancement Advisory Services LLC purchased a new stake in Principal Spectrum Tax-Advantaged Dividend Active ETF (NYSEARCA:PQDI) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 134,209 shares of the company’s stock, valued at approximately $2,504,000. Wealth Enhancement Advisory Services LLC owned 10.32% of Principal Spectrum Tax-Advantaged Dividend Active ETF as of its most recent SEC filing.

Separately, Capital Investment Advisory Services LLC boosted its holdings in Principal Spectrum Tax-Advantaged Dividend Active ETF by 34.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 25,627 shares of the company’s stock valued at $465,000 after purchasing an additional 6,597 shares during the period.

Principal Spectrum Tax-Advantaged Dividend Active ETF Price Performance

PQDI opened at $18.71 on Thursday. The business has a fifty day moving average price of $18.63 and a 200 day moving average price of $18.46. Principal Spectrum Tax-Advantaged Dividend Active ETF has a 12 month low of $17.02 and a 12 month high of $18.75.

Principal Spectrum Tax-Advantaged Dividend Active ETF Profile

The Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively selects dividend-paying securities that have favorable federal tax treatment, including preferred and capital securities, from global issuers.