Hartford US Quality Growth ETF $HQGO Stock Position Cut by Hartford Funds Management Co LLC

Hartford Funds Management Co LLC decreased its position in Hartford US Quality Growth ETF (NASDAQ:HQGO) by 5.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 730,972 shares of the company’s stock after selling 43,781 shares during the period. Hartford US Quality Growth ETF comprises 3.6% of Hartford Funds Management Co LLC’s investment portfolio, making the stock its 8th biggest position. Hartford Funds Management Co LLC owned approximately 0.95% of Hartford US Quality Growth ETF worth $41,439,000 at the end of the most recent quarter.

Hartford US Quality Growth ETF Stock Up 0.2%

HQGO stock opened at $66.21 on Tuesday. The company’s 50-day simple moving average is $64.72 and its 200-day simple moving average is $61.40. Hartford US Quality Growth ETF has a 52-week low of $54.37 and a 52-week high of $66.70. The firm has a market cap of $49.66 million, a P/E ratio of 27.05 and a beta of 1.06.

Hartford US Quality Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Thursday, June 25th were issued a $0.0651 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from Hartford US Quality Growth ETF’s previous quarterly dividend of $0.06. This represents a $0.26 annualized dividend and a yield of 0.4%.

About Hartford US Quality Growth ETF

The Hartford US Quality Growth ETF (HQGO) is an exchange-traded fund that is based on the Hartford US Quality Growth index. The fund tracks a multifactor index of US large-cap stocks with strong growth potential, while also increasing exposure to quality and momentum. The index is designed to alleviate the concentration risk inherent in cap-weighted indices. HQGO was launched on Dec 5, 2023 and is issued by The Hartford.