Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) Sees Large Increase in Short Interest

Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 15,110 shares, a growth of 102.5% from the January 15th total of 7,460 shares. Based on an average daily trading volume, of 38,595 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 38,595 shares, the days-to-cover ratio is presently 0.4 days.

Hartford Schroders Tax-Aware Bond ETF Trading Up 0.1%

HTAB stock opened at $19.40 on Friday. The firm has a 50 day moving average of $19.23 and a 200-day moving average of $19.12. Hartford Schroders Tax-Aware Bond ETF has a 12-month low of $17.98 and a 12-month high of $19.62.

Hartford Schroders Tax-Aware Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th were given a $0.0579 dividend. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Friday, January 30th.

Institutional Trading of Hartford Schroders Tax-Aware Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in Hartford Schroders Tax-Aware Bond ETF by 12.3% in the first quarter. Royal Bank of Canada now owns 116,511 shares of the company’s stock valued at $2,234,000 after purchasing an additional 12,751 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Hartford Schroders Tax-Aware Bond ETF in the 1st quarter valued at approximately $704,000. MGO One Seven LLC acquired a new position in shares of Hartford Schroders Tax-Aware Bond ETF in the 2nd quarter valued at approximately $200,000. Atria Wealth Solutions Inc. boosted its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 2.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 30,513 shares of the company’s stock valued at $573,000 after buying an additional 668 shares during the last quarter. Finally, West Michigan Advisors LLC grew its position in shares of Hartford Schroders Tax-Aware Bond ETF by 4.8% during the second quarter. West Michigan Advisors LLC now owns 22,264 shares of the company’s stock worth $418,000 after buying an additional 1,010 shares in the last quarter.

About Hartford Schroders Tax-Aware Bond ETF

The Hartford Schroders Tax-Aware Bond ETF (HTAB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund of US investment-grade debt selected for tax-efficient cash flow. Investments include both taxable and tax-free debt, and the fund uses derivatives to supplement its tax-efficient strategy. HTAB was launched on Apr 18, 2018 and is managed by Hartford.