Merit Financial Group LLC Trims Stock Holdings in Hartford Municipal Opportunities ETF $HMOP

Merit Financial Group LLC reduced its holdings in shares of Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) by 64.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,572 shares of the company’s stock after selling 52,942 shares during the quarter. Merit Financial Group LLC owned about 0.18% of Hartford Municipal Opportunities ETF worth $1,113,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Apollon Wealth Management LLC bought a new stake in Hartford Municipal Opportunities ETF during the 2nd quarter valued at $15,835,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Hartford Municipal Opportunities ETF by 22.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,513,178 shares of the company’s stock valued at $57,924,000 after purchasing an additional 275,975 shares during the period. GGM Financials LLC lifted its holdings in Hartford Municipal Opportunities ETF by 461.5% during the 2nd quarter. GGM Financials LLC now owns 92,069 shares of the company’s stock worth $3,524,000 after purchasing an additional 75,672 shares in the last quarter. Bank of America Corp DE boosted its stake in Hartford Municipal Opportunities ETF by 8.3% in the 2nd quarter. Bank of America Corp DE now owns 790,665 shares of the company’s stock worth $30,267,000 after purchasing an additional 60,807 shares during the period. Finally, Legacy Wealth Management Inc increased its position in shares of Hartford Municipal Opportunities ETF by 9.2% during the third quarter. Legacy Wealth Management Inc now owns 547,484 shares of the company’s stock valued at $21,335,000 after buying an additional 46,048 shares during the period.

Hartford Municipal Opportunities ETF Price Performance

Shares of Hartford Municipal Opportunities ETF stock opened at $39.17 on Tuesday. The company’s 50-day moving average price is $39.17 and its 200-day moving average price is $38.78. Hartford Municipal Opportunities ETF has a 12-month low of $36.75 and a 12-month high of $39.39.

About Hartford Municipal Opportunities ETF

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.