Verus Capital Partners LLC Raises Stock Holdings in Hartford Municipal Opportunities ETF $HMOP

Verus Capital Partners LLC grew its position in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) by 1,104.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,419 shares of the company’s stock after acquiring an additional 104,921 shares during the quarter. Verus Capital Partners LLC’s holdings in Hartford Municipal Opportunities ETF were worth $4,459,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of HMOP. Evolution Wealth Management Inc. purchased a new stake in Hartford Municipal Opportunities ETF in the 3rd quarter valued at $115,000. United Community Bank acquired a new position in Hartford Municipal Opportunities ETF in the third quarter valued at $116,000. Hill Island Financial LLC purchased a new stake in shares of Hartford Municipal Opportunities ETF in the third quarter valued at about $210,000. Truist Financial Corp acquired a new stake in shares of Hartford Municipal Opportunities ETF during the third quarter worth about $214,000. Finally, Oregon Pacific Wealth Management LLC acquired a new stake in shares of Hartford Municipal Opportunities ETF during the third quarter worth about $234,000.

Hartford Municipal Opportunities ETF Stock Performance

Shares of HMOP stock opened at $39.74 on Monday. Hartford Municipal Opportunities ETF has a 52-week low of $36.75 and a 52-week high of $39.86. The stock’s 50-day moving average price is $39.38 and its 200 day moving average price is $39.09.

Hartford Municipal Opportunities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were issued a $0.1068 dividend. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

Hartford Municipal Opportunities ETF Profile

The Hartford Municipal Opportunities ETF (HMOP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively-managed to provide current income and long-term total return from a broad portfolio of municipal bonds. HMOP was launched on Dec 13, 2017 and is managed by Hartford.