Naviter Wealth LLC Increases Stake in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP)

Naviter Wealth LLC increased its position in shares of Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) by 42.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 68,746 shares of the company’s stock after purchasing an additional 20,398 shares during the period. Naviter Wealth LLC’s holdings in Hartford Municipal Opportunities ETF were worth $2,715,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. raised its position in Hartford Municipal Opportunities ETF by 5.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,381,183 shares of the company’s stock worth $53,452,000 after acquiring an additional 70,522 shares in the last quarter. Cetera Investment Advisers acquired a new stake in shares of Hartford Municipal Opportunities ETF in the first quarter valued at about $2,319,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Hartford Municipal Opportunities ETF by 4.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 905,363 shares of the company’s stock worth $35,038,000 after buying an additional 40,268 shares in the last quarter. Goldstein Advisors LLC grew its position in Hartford Municipal Opportunities ETF by 6.7% during the second quarter. Goldstein Advisors LLC now owns 445,891 shares of the company’s stock worth $17,256,000 after buying an additional 28,152 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in shares of Hartford Municipal Opportunities ETF by 23.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 129,304 shares of the company’s stock valued at $5,004,000 after acquiring an additional 24,243 shares during the period.

Hartford Municipal Opportunities ETF Stock Performance

Shares of HMOP traded down $0.07 on Thursday, reaching $39.20. The stock had a trading volume of 2,403 shares, compared to its average volume of 42,294. Hartford Municipal Opportunities ETF has a twelve month low of $36.10 and a twelve month high of $39.71. The firm has a 50-day moving average of $39.23 and a 200 day moving average of $38.88.

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.