226,628 Shares in Hartford Municipal Opportunities ETF $HMOP Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc acquired a new stake in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 226,628 shares of the company’s stock, valued at approximately $8,863,000. Hartford Municipal Opportunities ETF comprises about 0.5% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 22nd biggest position. Fragasso Financial Advisors Inc owned about 1.35% of Hartford Municipal Opportunities ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HMOP. Evolution Wealth Management Inc. acquired a new position in shares of Hartford Municipal Opportunities ETF in the 3rd quarter valued at $115,000. United Community Bank acquired a new stake in shares of Hartford Municipal Opportunities ETF during the third quarter worth $116,000. Hill Island Financial LLC bought a new stake in Hartford Municipal Opportunities ETF in the third quarter valued at about $210,000. Truist Financial Corp bought a new stake in Hartford Municipal Opportunities ETF in the third quarter valued at about $214,000. Finally, Oregon Pacific Wealth Management LLC acquired a new position in Hartford Municipal Opportunities ETF in the third quarter valued at about $234,000.

Hartford Municipal Opportunities ETF Stock Performance

Shares of HMOP opened at $38.95 on Friday. Hartford Municipal Opportunities ETF has a 1 year low of $36.75 and a 1 year high of $39.91. The stock’s 50-day moving average price is $39.49 and its two-hundred day moving average price is $39.24.

Hartford Municipal Opportunities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were paid a dividend of $0.1131 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from Hartford Municipal Opportunities ETF’s previous monthly dividend of $0.11.

Hartford Municipal Opportunities ETF Company Profile

The Hartford Municipal Opportunities ETF (HMOP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively-managed to provide current income and long-term total return from a broad portfolio of municipal bonds. HMOP was launched on Dec 13, 2017 and is managed by Hartford.