Royal Bank of Canada Grows Stock Position in Hartford Strategic Income ETF $HFSI

Royal Bank of Canada boosted its position in shares of Hartford Strategic Income ETF (BATS:HFSI) by 116,812.7% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 385,812 shares of the company’s stock after buying an additional 385,482 shares during the quarter. Royal Bank of Canada owned 10.02% of Hartford Strategic Income ETF worth $13,395,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. New England Capital Financial Advisors LLC boosted its stake in shares of Hartford Strategic Income ETF by 705.5% during the 1st quarter. New England Capital Financial Advisors LLC now owns 2,544,936 shares of the company’s stock worth $88,360,000 after purchasing an additional 2,228,972 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in shares of Hartford Strategic Income ETF during the fourth quarter valued at approximately $63,480,000. Bleakley Financial Group LLC bought a new position in shares of Hartford Strategic Income ETF during the fourth quarter valued at approximately $23,241,000. Retirement Management Systems Inc. purchased a new stake in shares of Hartford Strategic Income ETF in the fourth quarter worth approximately $23,152,000. Finally, Wealthspire Retirement LLC purchased a new stake in shares of Hartford Strategic Income ETF in the first quarter worth approximately $20,869,000.

Hartford Strategic Income ETF Price Performance

Shares of HFSI stock opened at $34.99 on Friday. The stock has a 50 day moving average price of $35.10 and a 200 day moving average price of $35.25. Hartford Strategic Income ETF has a 52-week low of $34.58 and a 52-week 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.