Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) Sees Large Decline in Short Interest

Hartford Schroders Tax-Aware Bond ETF (NYSEARCA:HTAB) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,815 shares, a drop of 54.5% from the April 30th total of 8,381 shares. Based on an average trading volume of 61,996 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Trading of Hartford Schroders Tax-Aware Bond ETF

A number of large investors have recently modified their holdings of HTAB. CPC Advisors LLC boosted its stake in Hartford Schroders Tax-Aware Bond ETF by 5.9% during the 1st quarter. CPC Advisors LLC now owns 2,020,597 shares of the company’s stock valued at $38,391,000 after purchasing an additional 111,929 shares during the period. Bank of America Corp DE grew its holdings in Hartford Schroders Tax-Aware Bond ETF by 19.0% in the 3rd quarter. Bank of America Corp DE now owns 912,528 shares of the company’s stock worth $17,457,000 after buying an additional 145,926 shares in the last quarter. Truist Financial Corp increased its position in Hartford Schroders Tax-Aware Bond ETF by 7.2% in the 3rd quarter. Truist Financial Corp now owns 763,825 shares of the company’s stock valued at $14,612,000 after acquiring an additional 51,194 shares during the period. Envestnet Asset Management Inc. raised its stake in Hartford Schroders Tax-Aware Bond ETF by 9.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 752,125 shares of the company’s stock valued at $14,388,000 after acquiring an additional 62,562 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Hartford Schroders Tax-Aware Bond ETF by 8.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 672,483 shares of the company’s stock worth $12,865,000 after acquiring an additional 49,919 shares during the period.

Hartford Schroders Tax-Aware Bond ETF Stock Performance

Shares of NYSEARCA HTAB remained flat at $19.13 during mid-day trading on Monday. The company had a trading volume of 32,600 shares, compared to its average volume of 55,313. Hartford Schroders Tax-Aware Bond ETF has a 1-year low of $18.36 and a 1-year high of $19.56. The firm’s 50 day simple moving average is $19.09 and its 200 day simple moving average is $19.21.

About Hartford Schroders Tax-Aware Bond ETF

The Hartford Schroders Tax-Aware Bond ETF (HTAB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund of US investment-grade debt selected for tax-efficient cash flow. Investments include both taxable and tax-free debt, and the fund uses derivatives to supplement its tax-efficient strategy. HTAB was launched on Apr 18, 2018 and is managed by Hartford.