Hartford Total Return Bond ETF (NYSEARCA:HTRB) Sees Significant Drop in Short Interest

Hartford Total Return Bond ETF (NYSEARCA:HTRB) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,479 shares, a drop of 85.4% from the December 31st total of 23,807 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 279,927 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 279,927 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Hartford Total Return Bond ETF Stock Performance

NYSEARCA:HTRB traded up $0.01 during midday trading on Wednesday, hitting $34.26. 345,844 shares of the company traded hands, compared to its average volume of 809,708. The firm’s fifty day moving average is $34.32 and its 200-day moving average is $34.25. Hartford Total Return Bond ETF has a 12-month low of $32.88 and a 12-month high of $34.82.

Institutional Investors Weigh In On Hartford Total Return Bond ETF

Several institutional investors have recently made changes to their positions in HTRB. Hartford Funds Management Co LLC grew its holdings in Hartford Total Return Bond ETF by 0.3% during the 3rd quarter. Hartford Funds Management Co LLC now owns 13,882,132 shares of the company’s stock valued at $476,018,000 after purchasing an additional 36,477 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Hartford Total Return Bond ETF by 10.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 2,376,482 shares of the company’s stock valued at $81,490,000 after buying an additional 231,680 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Hartford Total Return Bond ETF by 6.0% in the third quarter. Bank of America Corp DE now owns 1,880,972 shares of the company’s stock worth $64,499,000 after buying an additional 106,828 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Hartford Total Return Bond ETF by 9.5% in the third quarter. Raymond James Financial Inc. now owns 1,570,376 shares of the company’s stock worth $53,848,000 after buying an additional 135,732 shares during the period. Finally, Mountain Capital Investment Advisors Inc. lifted its stake in shares of Hartford Total Return Bond ETF by 4.7% during the 4th quarter. Mountain Capital Investment Advisors Inc. now owns 1,199,065 shares of the company’s stock worth $41,056,000 after acquiring an additional 53,558 shares during the last quarter.

About Hartford Total Return Bond ETF

The Hartford Total Return Bond ETF (HTRB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed fund that invests in a wide array of global fixed income instruments considered attractive from a total-return perspective, with current income as a secondary goal. HTRB was launched on Sep 27, 2017 and is managed by Hartford.