RiverFront Investment Group LLC Grows Stock Holdings in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP)

RiverFront Investment Group LLC boosted its holdings in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) by 10.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 63,603 shares of the company’s stock after buying an additional 5,955 shares during the period. RiverFront Investment Group LLC’s holdings in Hartford Municipal Opportunities ETF were worth $2,459,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Princeton Global Asset Management LLC grew its position in shares of Hartford Municipal Opportunities ETF by 338.2% during the fourth quarter. Princeton Global Asset Management LLC now owns 2,682 shares of the company’s stock worth $104,000 after purchasing an additional 2,070 shares in the last quarter. HB Wealth Management LLC boosted its stake in Hartford Municipal Opportunities ETF by 11.2% in the 4th quarter. HB Wealth Management LLC now owns 6,380 shares of the company’s stock worth $247,000 after purchasing an additional 644 shares during the period. AdvisorNet Financial Inc purchased a new stake in Hartford Municipal Opportunities ETF during the 4th quarter valued at approximately $261,000. Jane Street Group LLC bought a new stake in shares of Hartford Municipal Opportunities ETF during the third quarter valued at approximately $351,000. Finally, Stonehearth Capital Management LLC raised its position in shares of Hartford Municipal Opportunities ETF by 9.0% during the fourth quarter. Stonehearth Capital Management LLC now owns 13,018 shares of the company’s stock valued at $503,000 after buying an additional 1,077 shares during the last quarter.

Hartford Municipal Opportunities ETF Stock Performance

Shares of NYSEARCA:HMOP opened at $38.38 on Friday. The firm has a fifty day moving average price of $38.76 and a 200 day moving average price of $38.93. Hartford Municipal Opportunities ETF has a fifty-two week low of $38.03 and a fifty-two week high of $39.84.

Hartford Municipal Opportunities ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 28th will be paid a dividend of $0.1077 per share. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from Hartford Municipal Opportunities ETF’s previous dividend of $0.10.

Hartford Municipal Opportunities ETF 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.