Fortress Wealth Management Inc. Sells 16,168 Shares of Principal Active High Yield ETF (NYSEARCA:YLD)

Fortress Wealth Management Inc. reduced its holdings in shares of Principal Active High Yield ETF (NYSEARCA:YLD) by 39.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,285 shares of the company’s stock after selling 16,168 shares during the quarter. Fortress Wealth Management Inc. owned 0.27% of Principal Active High Yield ETF worth $485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. First Community Trust NA bought a new position in Principal Active High Yield ETF in the third quarter valued at about $83,000. MML Investors Services LLC bought a new position in Principal Active High Yield ETF in the third quarter valued at about $269,000. PFG Investments LLC bought a new position in Principal Active High Yield ETF in the third quarter valued at about $435,000. Stifel Financial Corp bought a new position in shares of Principal Active High Yield ETF in the third quarter worth about $546,000. Finally, Orion Portfolio Solutions LLC raised its stake in shares of Principal Active High Yield ETF by 45.8% in the third quarter. Orion Portfolio Solutions LLC now owns 36,563 shares of the company’s stock worth $714,000 after buying an additional 11,478 shares during the period.

Principal Active High Yield ETF Stock Up 0.1 %

NYSEARCA YLD opened at $19.48 on Tuesday. The stock’s 50-day moving average price is $19.39 and its 200-day moving average price is $19.37. Principal Active High Yield ETF has a 52 week low of $18.66 and a 52 week high of $19.71.

About Principal Active High Yield ETF

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.