Raymond James Financial Services Advisors Inc. Buys 142,029 Shares of Principal Investment Grade Corporate Active ETF (NYSEARCA:IG)

Raymond James Financial Services Advisors Inc. boosted its position in Principal Investment Grade Corporate Active ETF (NYSEARCA:IG) by 33.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 563,093 shares of the company’s stock after buying an additional 142,029 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 14.82% of Principal Investment Grade Corporate Active ETF worth $11,634,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its stake in shares of Principal Investment Grade Corporate Active ETF by 39.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 17,057 shares of the company’s stock worth $336,000 after acquiring an additional 4,860 shares in the last quarter. Insight Wealth Partners LLC increased its position in shares of Principal Investment Grade Corporate Active ETF by 30.6% during the third quarter. Insight Wealth Partners LLC now owns 56,216 shares of the company’s stock valued at $1,106,000 after buying an additional 13,188 shares during the period. Western Wealth Management LLC lifted its holdings in shares of Principal Investment Grade Corporate Active ETF by 13.3% in the third quarter. Western Wealth Management LLC now owns 148,224 shares of the company’s stock worth $2,916,000 after buying an additional 17,427 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Principal Investment Grade Corporate Active ETF by 12.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,271,241 shares of the company’s stock valued at $25,012,000 after acquiring an additional 144,051 shares during the period. Finally, Principal Securities Inc. bought a new stake in Principal Investment Grade Corporate Active ETF during the 4th quarter worth approximately $31,707,000.

Principal Investment Grade Corporate Active ETF Stock Performance

Shares of NYSEARCA:IG traded up $0.12 on Friday, hitting $20.28. The company’s stock had a trading volume of 20,605 shares, compared to its average volume of 19,933. Principal Investment Grade Corporate Active ETF has a 1 year low of $19.05 and a 1 year high of $21.10. The company has a 50-day simple moving average of $20.38 and a 200 day simple moving average of $20.36.

Principal Investment Grade Corporate Active ETF Company Profile

The Principal Investment Grade Corporate Active ETF (IG) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is an actively managed fund that provides current income by selecting investment-grade, USD-denominated bonds of any maturity. IG was launched on Apr 18, 2018 and is managed by Principal.