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

Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 475,015 shares, an increase of 11,875,275.0% from the September 15th total of 4 shares. Currently, 3.6% of the company’s stock are short sold. Based on an average daily volume of 139,210 shares, the days-to-cover ratio is presently 3.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HTAB. CPC Advisors LLC lifted its position in Hartford Schroders Tax-Aware Bond ETF by 5.9% in the 1st quarter. CPC Advisors LLC now owns 2,020,597 shares of the company’s stock valued at $38,391,000 after acquiring an additional 111,929 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Hartford Schroders Tax-Aware Bond ETF by 10.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 322,980 shares of the company’s stock worth $6,195,000 after purchasing an additional 30,426 shares in the last quarter. Capital Asset Advisory Services LLC increased its holdings in Hartford Schroders Tax-Aware Bond ETF by 23.6% during the 1st quarter. Capital Asset Advisory Services LLC now owns 240,265 shares of the company’s stock worth $4,616,000 after purchasing an additional 45,891 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 32.4% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 64,372 shares of the company’s stock valued at $1,223,000 after purchasing an additional 15,754 shares during the period. Finally, Main Street Financial Solutions LLC raised its stake in shares of Hartford Schroders Tax-Aware Bond ETF by 3.2% in the 4th quarter. Main Street Financial Solutions LLC now owns 573,575 shares of the company’s stock valued at $10,984,000 after purchasing an additional 17,924 shares during the period.

Hartford Schroders Tax-Aware Bond ETF Price Performance

Shares of HTAB traded up $0.05 on Friday, hitting $17.97. The company’s stock had a trading volume of 113,856 shares, compared to its average volume of 76,555. The firm’s fifty day moving average price is $18.55 and its 200-day moving average price is $18.90. Hartford Schroders Tax-Aware Bond ETF has a fifty-two week low of $17.77 and a fifty-two week high of $19.56.

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.