Legacy Wealth Management Inc Has $23.33 Million Stake in Hartford Municipal Opportunities ETF $HMOP

Legacy Wealth Management Inc grew its position in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) by 8.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 596,389 shares of the company’s stock after buying an additional 48,905 shares during the quarter. Hartford Municipal Opportunities ETF accounts for about 1.3% of Legacy Wealth Management Inc’s portfolio, making the stock its 13th largest holding. Legacy Wealth Management Inc owned about 3.52% of Hartford Municipal Opportunities ETF worth $23,325,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Fragasso Financial Advisors Inc bought a new position in Hartford Municipal Opportunities ETF in the fourth quarter valued at approximately $8,863,000. Bank of America Corp DE boosted its holdings in shares of Hartford Municipal Opportunities ETF by 19.1% in the 3rd quarter. Bank of America Corp DE now owns 941,937 shares of the company’s stock valued at $36,707,000 after purchasing an additional 151,272 shares in the last quarter. Sterling Investment Counsel LLC increased its stake in shares of Hartford Municipal Opportunities ETF by 332.2% in the 3rd quarter. Sterling Investment Counsel LLC now owns 175,912 shares of the company’s stock valued at $6,855,000 after purchasing an additional 135,211 shares during the last quarter. Anderson Financial Strategies LLC bought a new position in shares of Hartford Municipal Opportunities ETF in the 3rd quarter valued at $4,830,000. Finally, Uniting Wealth Partners LLC acquired a new position in shares of Hartford Municipal Opportunities ETF during the 3rd quarter worth $4,259,000.

Hartford Municipal Opportunities ETF Stock Performance

Shares of HMOP stock opened at $38.88 on Monday. Hartford Municipal Opportunities ETF has a twelve month low of $36.75 and a twelve month high of $39.91. The business has a fifty day simple moving average of $39.37 and a 200 day simple moving average of $39.24.

Hartford Municipal Opportunities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th were paid a dividend of $0.1131 per share. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Hartford Municipal Opportunities ETF’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a yield of 3.5%.

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.