Bank of New York Mellon Corp Acquires $15.54M Stake in Hartford Total Return Bond ETF

In a recent investment move, the Bank of New York Mellon Corp established a new position within the Hartford Total Return Bond ETF (NYSEARCA:HTRB), as disclosed in the company's latest report filed with the Securities and Exchange Commission. During the third quarter, the financial institution acquired a total of 484,262 shares, which corresponds to an investment valued at approximately $15.54 million. This purchase means that Bank of New York Mellon Corp now holds about 1.36% of the total shares of the Hartford Total Return Bond ETF.

Activity by Other Institutional Investors

Other major investors have also adjusted their holdings in HTRB. WMS Partners LLC secured a new share package worth $35.19 million in the second quarter. In a significant boost, Jane Street Group LLC increased its holdings by 2,281.6% in the first quarter, now owning 969,014 shares valued at $35.68 million. Captrust Financial Advisors initiated a new stake in the second quarter with an investment of approximately $12.36 million. Commonwealth Equity Services LLC improved its position by 145.3% in the third quarter, obtaining 307,302 additional shares, while Raymond James & Associates augmented its stake by 2,358.3% in the same period.

The Trading Performance of Hartford Total Return Bond ETF

The ETF's shares commenced at $33.64 on a recent trading Wednesday. Looking into its performance, the 50-day simple moving average is at $33.52, and the 200-day simple moving average stands at $32.89. The ETF reached its twelve-month low at $31.16 and hit a peak at $34.71.

About Hartford Total Return Bond ETF

The Hartford Total Return Bond ETF aims for total return as its primary focus, while considering current income as a secondary objective. It is an actively managed ETF based on the Bloomberg Global Aggregate Bond index. The fund incorporates various global fixed income instruments viewed as favorable by the management.

Bank, NYSEARCA, Institutional