Hartford Strategic Income ETF $HFSI is New England Capital Financial Advisors LLC’s Largest Position

New England Capital Financial Advisors LLC grew its position in shares of Hartford Strategic Income ETF (BATS:HFSI) by 705.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,544,936 shares of the company’s stock after buying an additional 2,228,972 shares during the quarter. Hartford Strategic Income ETF accounts for 24.2% of New England Capital Financial Advisors LLC’s holdings, making the stock its biggest position. New England Capital Financial Advisors LLC owned 0.66% of Hartford Strategic Income ETF worth $88,360,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HFSI. Northwestern Mutual Wealth Management Co. bought a new position in shares of Hartford Strategic Income ETF in the fourth quarter valued at approximately $63,480,000. Hartford Funds Management Co LLC purchased a new stake in shares of Hartford Strategic Income ETF during the third quarter valued at approximately $55,872,000. Bleakley Financial Group LLC bought a new stake in Hartford Strategic Income ETF during the fourth quarter worth $23,241,000. Retirement Management Systems Inc. bought a new stake in Hartford Strategic Income ETF during the fourth quarter worth $23,152,000. Finally, Modern Wealth Management LLC boosted its position in Hartford Strategic Income ETF by 54.8% in the third quarter. Modern Wealth Management LLC now owns 518,208 shares of the company’s stock worth $18,427,000 after purchasing an additional 183,549 shares during the last quarter.

Hartford Strategic Income ETF Price Performance

HFSI stock opened at $35.12 on Friday. The stock’s fifty day simple moving average is $35.21 and its two-hundred day simple moving average is $35.37. Hartford Strategic Income ETF has a 1-year low of $34.58 and a 1-year high of $36.03.

Hartford Strategic Income ETF Company 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.