New England Capital Financial Advisors LLC Invests $11.21 Million in Hartford Strategic Income ETF $HFSI

New England Capital Financial Advisors LLC acquired a new position in Hartford Strategic Income ETF (BATS:HFSI) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 315,964 shares of the company’s stock, valued at approximately $11,210,000. Hartford Strategic Income ETF accounts for approximately 4.4% of New England Capital Financial Advisors LLC’s investment portfolio, making the stock its 8th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hartford Funds Management Co LLC purchased a new position in Hartford Strategic Income ETF during the third quarter valued at $55,872,000. Centric Wealth Management purchased a new position in shares of Hartford Strategic Income ETF in the 3rd quarter worth $13,208,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Hartford Strategic Income ETF in the 3rd quarter worth $6,729,000. Modern Wealth Management LLC grew its stake in shares of Hartford Strategic Income ETF by 54.8% in the 3rd quarter. Modern Wealth Management LLC now owns 518,208 shares of the company’s stock worth $18,427,000 after buying an additional 183,549 shares in the last quarter. Finally, Live Oak Investment Partners purchased a new position in shares of Hartford Strategic Income ETF in the 4th quarter worth $6,306,000.

Hartford Strategic Income ETF Stock Performance

Hartford Strategic Income ETF stock opened at $35.10 on Friday. The firm has a 50-day moving average price of $35.23 and a 200-day moving average price of $35.54. Hartford Strategic Income ETF has a 12-month low of $33.97 and a 12-month high of $36.03.

Hartford Strategic Income ETF Profile

The Hartford Strategic Income ETF is an actively managed exchange-traded fund that seeks to provide current income and long-term total return. The fund invests in a diversified portfolio of domestic and foreign debt securities, including both investment-grade and non-investment-grade bonds, across various sectors and maturities. It employs a flexible investment strategy, allowing allocation across different fixed-income sectors based on market conditions.