Cornerstone Advisors Asset Management LLC Has $32.25 Million Stake in Hartford Total Return Bond ETF $HTRB

Cornerstone Advisors Asset Management LLC cut its position in shares of Hartford Total Return Bond ETF (NYSEARCA:HTRB) by 3.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 940,336 shares of the company’s stock after selling 36,606 shares during the quarter. Hartford Total Return Bond ETF accounts for 5.6% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 4th biggest holding. Cornerstone Advisors Asset Management LLC owned approximately 1.57% of Hartford Total Return Bond ETF worth $32,245,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Hartford Total Return Bond ETF by 116.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,144,802 shares of the company’s stock worth $72,644,000 after acquiring an additional 1,155,083 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of Hartford Total Return Bond ETF in the second quarter valued at $34,915,000. Great Point Wealth Advisors LLC bought a new position in Hartford Total Return Bond ETF in the third quarter worth $20,842,000. Captrust Financial Advisors lifted its position in Hartford Total Return Bond ETF by 109.7% in the second quarter. Captrust Financial Advisors now owns 476,690 shares of the company’s stock worth $16,146,000 after purchasing an additional 249,380 shares during the period. Finally, Hartford Funds Management Co LLC boosted its stake in Hartford Total Return Bond ETF by 1.5% during the second quarter. Hartford Funds Management Co LLC now owns 13,845,655 shares of the company’s stock worth $468,952,000 after buying an additional 203,270 shares in the last quarter.

Hartford Total Return Bond ETF Price Performance

Shares of Hartford Total Return Bond ETF stock opened at $34.10 on Tuesday. Hartford Total Return Bond ETF has a 52-week low of $32.88 and a 52-week high of $34.82. The company’s fifty day moving average price is $34.30 and its two-hundred day moving average price is $34.27.

Hartford Total Return Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Investors of record on Friday, January 30th will be paid a $0.0983 dividend. The ex-dividend date of this dividend is Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 3.5%.

Hartford Total Return Bond ETF Profile

The Hartford Total Return Bond ETF (HTRB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed fund that invests in a wide array of global fixed income instruments considered attractive from a total-return perspective, with current income as a secondary goal. HTRB was launched on Sep 27, 2017 and is managed by Hartford.