Raymond James Financial Inc. Takes $43.56 Million Position in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP)

Raymond James Financial Inc. bought a new stake in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) in the fourth quarter, Holdings Channel.com reports. The firm bought 1,126,791 shares of the company’s stock, valued at approximately $43,562,000. Raymond James Financial Inc. owned approximately 0.11% of Hartford Municipal Opportunities ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of HMOP. Harbour Investments Inc. grew its holdings in shares of Hartford Municipal Opportunities ETF by 63.2% in the third quarter. Harbour Investments Inc. now owns 4,692 shares of the company’s stock valued at $185,000 after purchasing an additional 1,817 shares during the period. HighTower Advisors LLC grew its holdings in shares of Hartford Municipal Opportunities ETF by 12.1% in the third quarter. HighTower Advisors LLC now owns 1,390,586 shares of the company’s stock valued at $54,794,000 after purchasing an additional 150,128 shares during the period. Jane Street Group LLC purchased a new stake in shares of Hartford Municipal Opportunities ETF in the third quarter valued at about $351,000. MML Investors Services LLC grew its holdings in shares of Hartford Municipal Opportunities ETF by 3.0% in the third quarter. MML Investors Services LLC now owns 65,875 shares of the company’s stock valued at $2,595,000 after purchasing an additional 1,898 shares during the period. Finally, Westside Investment Management Inc. grew its holdings in shares of Hartford Municipal Opportunities ETF by 12.0% in the third quarter. Westside Investment Management Inc. now owns 30,859 shares of the company’s stock valued at $1,212,000 after purchasing an additional 3,299 shares during the period.

Hartford Municipal Opportunities ETF Price Performance

Shares of HMOP opened at $38.77 on Wednesday. Hartford Municipal Opportunities ETF has a 12-month low of $38.22 and a 12-month high of $39.84. The firm has a 50-day moving average price of $38.76 and a 200 day moving average price of $38.98.

Hartford Municipal Opportunities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were paid a dividend of $0.1077 per share. The ex-dividend date was Thursday, February 27th. 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.