Modern Wealth Management LLC Has $18.43 Million Holdings in Hartford Strategic Income ETF $HFSI

Modern Wealth Management LLC raised its stake in shares of Hartford Strategic Income ETF (NYSEARCA:HFSI) by 54.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 518,208 shares of the company’s stock after buying an additional 183,549 shares during the period. Modern Wealth Management LLC owned 7.20% of Hartford Strategic Income ETF worth $18,427,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in HFSI. Kovack Advisors Inc. acquired a new stake in Hartford Strategic Income ETF in the 3rd quarter worth approximately $377,000. Axxcess Wealth Management LLC bought a new position in shares of Hartford Strategic Income ETF in the third quarter valued at approximately $248,000. JPMorgan Chase & Co. acquired a new stake in shares of Hartford Strategic Income ETF in the third quarter worth $1,739,000. Breakwater Capital Group acquired a new stake in shares of Hartford Strategic Income ETF in the third quarter worth $222,000. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Hartford Strategic Income ETF during the 3rd quarter worth $4,628,000.

Hartford Strategic Income ETF Price Performance

Hartford Strategic Income ETF stock opened at $35.40 on Friday. Hartford Strategic Income ETF has a fifty-two week low of $33.15 and a fifty-two week high of $36.03. The firm has a fifty day moving average price of $35.67 and a two-hundred day moving average price of $35.66.

About Hartford Strategic Income ETF

Hartford Funds Exchange-Traded Trust – Hartford Strategic Income ETF is an exchange traded fund launched and managed by Hartford Funds Management Company, LLC. The fund is co-managed by Wellington Management Company LLP. It invests in fixed income markets of global region. The fund invests in debt securities of companies operating across diversified sectors. It primarily invests in non-investment grade debt securities and investment grade securities of varying maturities. The fund seeks to benchmark the performance of its portfolio against the Bloomberg US Aggregate Bond Index.