Hartford Total Return Bond ETF (NYSEARCA:HTRB) Sees Large Volume Increase – Here’s Why

Shares of Hartford Total Return Bond ETF (NYSEARCA:HTRB) saw strong trading volume on Monday . 497,883 shares traded hands during mid-day trading, an increase of 127% from the previous session’s volume of 219,709 shares.The stock last traded at $33.86 and had previously closed at $33.83.

Hartford Total Return Bond ETF Stock Up 0.1 %

The stock’s fifty day simple moving average is $33.60 and its 200-day simple moving average is $33.97.

Hartford Total Return Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 3rd. Stockholders of record on Thursday, February 27th were given a $0.1177 dividend. The ex-dividend date of this dividend was Thursday, February 27th.

Hedge Funds Weigh In On Hartford Total Return Bond ETF

A number of institutional investors have recently added to or reduced their stakes in HTRB. Hartford Funds Management Co LLC increased its position in Hartford Total Return Bond ETF by 6.1% in the 4th quarter. Hartford Funds Management Co LLC now owns 14,563,743 shares of the company’s stock valued at $485,410,000 after acquiring an additional 835,677 shares during the period. Bank of America Corp DE increased its position in Hartford Total Return Bond ETF by 17.8% in the 4th quarter. Bank of America Corp DE now owns 1,751,602 shares of the company’s stock valued at $58,381,000 after acquiring an additional 265,026 shares during the period. LPL Financial LLC increased its position in Hartford Total Return Bond ETF by 23.6% in the 4th quarter. LPL Financial LLC now owns 1,290,527 shares of the company’s stock valued at $43,013,000 after acquiring an additional 246,770 shares during the period. Raymond James Financial Inc. acquired a new position in Hartford Total Return Bond ETF in the 4th quarter valued at approximately $33,536,000. Finally, Mountain Capital Investment Advisors Inc. increased its position in Hartford Total Return Bond ETF by 1.6% in the 4th quarter. Mountain Capital Investment Advisors Inc. now owns 999,143 shares of the company’s stock valued at $33,301,000 after acquiring an additional 15,610 shares during the period.

About Hartford Total Return Bond ETF

The Hartford Total Return Bond ETF (HTRB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed fund that invests in a wide array of global fixed income instruments considered attractive from a total-return perspective, with current income as a secondary goal.