Truist Financial Corp Decreases Stock Position in Principal Active High Yield ETF (NYSEARCA:YLD)

Truist Financial Corp trimmed its position in Principal Active High Yield ETF (NYSEARCA:YLD) by 63.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 47,105 shares of the company’s stock after selling 83,198 shares during the period. Truist Financial Corp’s holdings in Principal Active High Yield ETF were worth $897,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Financial Group Inc. raised its holdings in Principal Active High Yield ETF by 1.6% in the second quarter. Principal Financial Group Inc. now owns 2,315,177 shares of the company’s stock worth $44,105,000 after buying an additional 36,124 shares during the last quarter. Nicolet Advisory Services LLC lifted its stake in shares of Principal Active High Yield ETF by 2.1% during the 1st quarter. Nicolet Advisory Services LLC now owns 766,963 shares of the company’s stock valued at $14,599,000 after buying an additional 15,659 shares in the last quarter. Redhawk Wealth Advisors Inc. bought a new position in Principal Active High Yield ETF in the 2nd quarter worth approximately $10,831,000. Ameritas Investment Partners Inc. grew its holdings in Principal Active High Yield ETF by 9.0% during the 1st quarter. Ameritas Investment Partners Inc. now owns 524,331 shares of the company’s stock valued at $10,046,000 after buying an additional 43,473 shares in the last quarter. Finally, Strategic Planning Group LLC raised its position in shares of Principal Active High Yield ETF by 34.6% during the first quarter. Strategic Planning Group LLC now owns 459,137 shares of the company’s stock valued at $8,797,000 after buying an additional 118,064 shares during the last quarter.

Principal Active High Yield ETF Price Performance

YLD stock opened at $19.37 on Tuesday. The company’s fifty day moving average price is $19.39 and its 200-day moving average price is $19.16. Principal Active High Yield ETF has a one year low of $17.62 and a one year high of $20.41.

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.