Montis Financial LLC Takes Position in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP)

Montis Financial LLC bought a new stake in shares of Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 189,747 shares of the company’s stock, valued at approximately $7,336,000. Hartford Municipal Opportunities ETF makes up 2.3% of Montis Financial LLC’s holdings, making the stock its 12th largest position. Montis Financial LLC owned 1.80% of Hartford Municipal Opportunities ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. HighTower Advisors LLC boosted its stake in Hartford Municipal Opportunities ETF by 13.1% in the 4th quarter. HighTower Advisors LLC now owns 1,572,624 shares of the company’s stock worth $60,798,000 after purchasing an additional 182,038 shares in the last quarter. Raymond James Financial Inc. bought a new position in Hartford Municipal Opportunities ETF in the 4th quarter worth about $43,562,000. Steward Partners Investment Advisory LLC boosted its stake in Hartford Municipal Opportunities ETF by 3.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 547,529 shares of the company’s stock worth $21,167,000 after purchasing an additional 20,600 shares in the last quarter. Goldstein Advisors LLC boosted its stake in Hartford Municipal Opportunities ETF by 9.7% in the 4th quarter. Goldstein Advisors LLC now owns 519,226 shares of the company’s stock worth $20,073,000 after purchasing an additional 45,736 shares in the last quarter. Finally, Legacy Wealth Management Inc boosted its stake in Hartford Municipal Opportunities ETF by 13.8% in the 4th quarter. Legacy Wealth Management Inc now owns 501,378 shares of the company’s stock worth $19,383,000 after purchasing an additional 60,943 shares in the last quarter.

Hartford Municipal Opportunities ETF Price Performance

Shares of NYSEARCA:HMOP opened at $38.56 on Friday. Hartford Municipal Opportunities ETF has a fifty-two week low of $38.22 and a fifty-two week high of $39.84. The business has a 50-day simple moving average of $38.76 and a two-hundred day simple moving average of $38.98.

Hartford Municipal Opportunities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th were given a $0.1077 dividend. This is a positive change from Hartford Municipal Opportunities ETF’s previous dividend of $0.10. The ex-dividend date of this dividend was Thursday, February 27th.

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.