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

Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 9,062 shares, a decrease of 49.5% from the February 26th total of 17,958 shares. Based on an average daily trading volume, of 87,103 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of Hartford Schroders Tax-Aware Bond ETF

Several large investors have recently bought and sold shares of HTAB. CPC Advisors LLC grew its holdings in Hartford Schroders Tax-Aware Bond ETF by 144.9% in the third quarter. CPC Advisors LLC now owns 1,821,706 shares of the company’s stock valued at $34,849,000 after purchasing an additional 1,077,814 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 55.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 622,564 shares of the company’s stock worth $11,648,000 after buying an additional 223,231 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Hartford Schroders Tax-Aware Bond ETF by 19.0% in the 3rd quarter. Bank of America Corp DE now owns 912,528 shares of the company’s stock worth $17,457,000 after buying an additional 145,926 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Hartford Schroders Tax-Aware Bond ETF by 37.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 493,555 shares of the company’s stock worth $9,442,000 after buying an additional 134,069 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in Hartford Schroders Tax-Aware Bond ETF by 46.3% in the 3rd quarter. Axxcess Wealth Management LLC now owns 230,156 shares of the company’s stock valued at $4,403,000 after acquiring an additional 72,837 shares during the last quarter.

Hartford Schroders Tax-Aware Bond ETF Price Performance

Shares of HTAB stock traded down $0.04 during midday trading on Thursday, reaching $18.95. 57,222 shares of the company traded hands, compared to its average volume of 55,640. The firm’s 50 day simple moving average is $19.26 and its two-hundred day simple moving average is $19.25. Hartford Schroders Tax-Aware Bond ETF has a 1-year low of $17.98 and a 1-year high of $19.56.

Hartford Schroders Tax-Aware Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were issued a dividend of $0.0584 per share. This is a boost from Hartford Schroders Tax-Aware Bond ETF’s previous monthly dividend of $0.06. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, February 27th.

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.