GAMMA Investing LLC Raises Position in Hartford Municipal Opportunities ETF $HMOP

GAMMA Investing LLC raised its holdings in shares of Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) by 48.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,852 shares of the company’s stock after buying an additional 16,854 shares during the quarter. GAMMA Investing LLC owned about 0.31% of Hartford Municipal Opportunities ETF worth $2,028,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in Hartford Municipal Opportunities ETF by 12.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 112,923 shares of the company’s stock worth $4,401,000 after buying an additional 12,199 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Hartford Municipal Opportunities ETF by 5.9% during the 3rd quarter. NewEdge Advisors LLC now owns 51,610 shares of the company’s stock valued at $2,011,000 after buying an additional 2,862 shares in the last quarter. Wiser Advisor Group LLC bought a new stake in shares of Hartford Municipal Opportunities ETF during the 3rd quarter worth $1,826,000. Focus Partners Wealth lifted its holdings in shares of Hartford Municipal Opportunities ETF by 10.5% during the 3rd quarter. Focus Partners Wealth now owns 408,666 shares of the company’s stock worth $15,926,000 after acquiring an additional 38,779 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new position in Hartford Municipal Opportunities ETF in the third quarter worth $474,000.

Hartford Municipal Opportunities ETF Trading Down 0.7%

Shares of Hartford Municipal Opportunities ETF stock opened at $38.95 on Friday. The business’s 50-day moving average price is $39.49 and its 200-day moving average price is $39.24. Hartford Municipal Opportunities ETF has a 12 month low of $36.75 and a 12 month high of $39.91.

Hartford Municipal Opportunities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were issued a dividend of $0.1131 per share. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.5%. This is an increase from Hartford Municipal Opportunities ETF’s previous monthly dividend of $0.11.

Hartford Municipal Opportunities ETF Company 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.