Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) Sees Significant Growth in Short Interest

Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 17,958 shares, an increase of 133.9% from the February 12th total of 7,678 shares. Based on an average trading volume of 45,590 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 45,590 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Hartford Schroders Tax-Aware Bond ETF

Large investors have recently bought and sold shares of the business. CPC Advisors LLC boosted its position in shares of Hartford Schroders Tax-Aware Bond ETF by 144.9% during the third quarter. CPC Advisors LLC now owns 1,821,706 shares of the company’s stock worth $34,849,000 after buying an additional 1,077,814 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Hartford Schroders Tax-Aware Bond ETF by 55.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 622,564 shares of the company’s stock valued at $11,648,000 after acquiring an additional 223,231 shares in the last quarter. Bank of America Corp DE lifted its stake in Hartford Schroders Tax-Aware Bond ETF by 19.0% in the 3rd quarter. Bank of America Corp DE now owns 912,528 shares of the company’s stock valued at $17,457,000 after acquiring an additional 145,926 shares in the last quarter. Jones Financial Companies Lllp boosted its position in Hartford Schroders Tax-Aware Bond ETF by 37.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 493,555 shares of the company’s stock worth $9,442,000 after acquiring an additional 134,069 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its position in Hartford Schroders Tax-Aware Bond ETF by 46.3% during the 3rd quarter. Axxcess Wealth Management LLC now owns 230,156 shares of the company’s stock worth $4,403,000 after acquiring an additional 72,837 shares during the last quarter.

Hartford Schroders Tax-Aware Bond ETF Stock Performance

Shares of Hartford Schroders Tax-Aware Bond ETF stock traded up $0.04 on Friday, hitting $19.18. 51,188 shares of the company’s stock traded hands, compared to its average volume of 53,679. The firm’s 50-day moving average price is $19.29 and its two-hundred day moving average price is $19.22. Hartford Schroders Tax-Aware Bond ETF has a one year low of $17.98 and a one year high of $19.56.

Hartford Schroders Tax-Aware Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th were paid a $0.0584 dividend. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Hartford Schroders Tax-Aware Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 3.7%.

About Hartford Schroders Tax-Aware Bond ETF

The Hartford Schroders Tax-Aware Bond ETF (HTAB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund of US investment-grade debt selected for tax-efficient cash flow. Investments include both taxable and tax-free debt, and the fund uses derivatives to supplement its tax-efficient strategy. HTAB was launched on Apr 18, 2018 and is managed by Hartford.