Convergence Financial LLC Buys Shares of 40,814 Hartford AAA CLO ETF $TRPA

Convergence Financial LLC purchased a new stake in shares of Hartford AAA CLO ETF (NYSEARCA:TRPA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 40,814 shares of the company’s stock, valued at approximately $1,587,000. Convergence Financial LLC owned 1.48% of Hartford AAA CLO ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ForthRight Wealth Management LLC purchased a new stake in Hartford AAA CLO ETF during the third quarter valued at $5,491,000. Evergreen Capital Management LLC purchased a new stake in shares of Hartford AAA CLO ETF during the 3rd quarter valued at about $3,930,000. Flagship Harbor Advisors LLC purchased a new stake in shares of Hartford AAA CLO ETF during the 3rd quarter valued at about $1,652,000. Stratos Wealth Partners LTD. bought a new position in shares of Hartford AAA CLO ETF in the 3rd quarter worth approximately $803,000. Finally, Truist Financial Corp purchased a new position in shares of Hartford AAA CLO ETF in the third quarter worth approximately $543,000.

Hartford AAA CLO ETF Stock Performance

Shares of NYSEARCA TRPA opened at $39.06 on Friday. Hartford AAA CLO ETF has a 12-month low of $37.43 and a 12-month high of $39.35. The firm has a 50 day moving average of $38.98 and a 200 day moving average of $38.97.

Hartford AAA CLO ETF Profile

The Hartford AAA CLO ETF (TRPA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to provide capital preservation and income by holding USD-denominated floating-rate CLOs rated AAA and of any maturity. TRPA was launched on May 30, 2018 and is issued by The Hartford.