West Michigan Advisors LLC Decreases Holdings in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP)

West Michigan Advisors LLC decreased its position in Hartford Municipal Opportunities ETF (NYSEARCA:HMOP) by 26.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,271 shares of the company’s stock after selling 2,573 shares during the quarter. West Michigan Advisors LLC’s holdings in Hartford Municipal Opportunities ETF were worth $282,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. HighTower Advisors LLC increased 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 worth $54,794,000 after buying an additional 150,128 shares during the period. Goldstein Advisors LLC increased 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 during the period. Legacy Wealth Management Inc increased 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 during the period. World Investment Advisors LLC bought a new stake in Hartford Municipal Opportunities ETF in the third quarter valued at approximately $13,262,000. Finally, Legacy CG LLC boosted its stake in shares of Hartford Municipal Opportunities ETF by 5.6% during the fourth quarter. Legacy CG LLC now owns 312,475 shares of the company’s stock valued at $12,080,000 after purchasing an additional 16,558 shares during the period.

Hartford Municipal Opportunities ETF Stock Up 0.1 %

Shares of NYSEARCA HMOP opened at $39.09 on Friday. The firm’s fifty day moving average is $38.74 and its 200 day moving average is $39.00. Hartford Municipal Opportunities ETF has a 52 week low of $38.22 and a 52 week high of $39.84.

Hartford Municipal Opportunities ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Thursday, February 27th will be given a $0.1077 dividend. This is a boost from Hartford Municipal Opportunities ETF’s previous dividend of $0.10. The ex-dividend date of this dividend is 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.