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

Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,815 shares, a drop of 54.5% from the April 30th total of 8,381 shares. Based on an average daily trading volume, of 61,996 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Hartford Schroders Tax-Aware Bond ETF Price Performance

Shares of HTAB traded up $0.02 during trading hours on Tuesday, reaching $19.15. 25,458 shares of the company’s stock traded hands, compared to its average volume of 55,026. The business’s fifty day simple moving average is $19.09 and its two-hundred day simple moving average is $19.21. Hartford Schroders Tax-Aware Bond ETF has a twelve month low of $18.36 and a twelve month high of $19.56.

Hedge Funds Weigh In On Hartford Schroders Tax-Aware Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Arete Wealth Advisors LLC boosted its position in Hartford Schroders Tax-Aware Bond ETF by 27.1% during the 1st quarter. Arete Wealth Advisors LLC now owns 20,149 shares of the company’s stock worth $383,000 after acquiring an additional 4,300 shares during the period. Royal Bank of Canada raised its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 6.3% during the 1st quarter. Royal Bank of Canada now owns 119,883 shares of the company’s stock worth $2,278,000 after purchasing an additional 7,137 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 310,006 shares of the company’s stock worth $5,890,000 after purchasing an additional 10,332 shares in the last quarter. Kestra Advisory Services LLC raised its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 7.1% during the 1st quarter. Kestra Advisory Services LLC now owns 93,683 shares of the company’s stock worth $1,780,000 after purchasing an additional 6,173 shares in the last quarter. Finally, Leelyn Smith LLC raised its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 2.8% during the 1st quarter. Leelyn Smith LLC now owns 29,448 shares of the company’s stock worth $560,000 after purchasing 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.