Principal Active High Yield Etf (YLD) Stock Split History

Principal Active High Yield Etf has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 31, 2021 with the ratio of 2-for-1, meaning that for 1 share of YLD owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on September 02, 2021 on a 2-for-1 basis.

These actions have increased YLD stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Principal Active High Yield Etf's total market capitalization.

For more detailed information of Principal Active High Yield Etf's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Principal Active High Yield Etf has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when YLD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Principal Active High Yield Etf's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.