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

Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 3,167 shares, a drop of 79.0% from the July 15th total of 15,113 shares. Based on an average trading volume of 40,745 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hartford Schroders Tax-Aware Bond ETF Price Performance

Shares of HTAB remained flat at $18.97 during mid-day trading on Thursday. The stock had a trading volume of 68,045 shares, compared to its average volume of 51,620. The stock’s 50 day moving average is $19.07 and its 200-day moving average is $19.14. Hartford Schroders Tax-Aware Bond ETF has a 12-month low of $18.49 and a 12-month high of $19.56.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada increased its position in Hartford Schroders Tax-Aware Bond ETF by 0.5% during the 4th quarter. Royal Bank of Canada now owns 112,746 shares of the company’s stock valued at $2,159,000 after buying an additional 536 shares in the last quarter. West Michigan Advisors LLC boosted its holdings in Hartford Schroders Tax-Aware Bond ETF by 2.0% in the fourth quarter. West Michigan Advisors LLC now owns 28,867 shares of the company’s stock worth $555,000 after acquiring an additional 560 shares in the last quarter. &PARTNERS grew its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 1.8% during the fourth quarter. &PARTNERS now owns 37,362 shares of the company’s stock worth $706,000 after acquiring an additional 659 shares during the last quarter. Keystone Financial Services LLC grew its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 3.3% during the fourth quarter. Keystone Financial Services LLC now owns 20,813 shares of the company’s stock worth $399,000 after acquiring an additional 669 shares during the last quarter. Finally, Leelyn Smith LLC increased its holdings in shares of Hartford Schroders Tax-Aware Bond ETF by 2.8% during the first quarter. Leelyn Smith LLC now owns 29,448 shares of the company’s stock valued at $560,000 after acquiring an additional 798 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.