HTAB Stock Summary and Trading Ideas (Hartford Schroders Tax-Aware Bond ETF | ARCA:HTAB)

The Fund seeks to achieve its investment objective by investing in a diversifiedportfolio of fixed income debt instruments of varying maturities. Under normal circumstances, the Fund investsat least 80% of its assets inU.S.dollar-denominated, investment-grade fixed income debt instruments. Fixed incomedebt instruments include bonds, debt securities and other similar instruments issued by variousU.S. andnon-U.S.public or private-sector entities. The Fund may invest without limit inU.S.dollar denominated foreign securities. It is important to understand that the Fund is not limited to investing solely in assets that generate tax-exemptincome and may make both taxable and tax-exempt distributions to shareholders.

Hartford Schroders Tax-Aware Bond ETF trades on the ARCA stock market under the symbol HTAB.

As of April 22, 2024, HTAB stock price was flat at $19.18 with 184,186 million shares trading.

HTAB has a beta of 0.33, meaning it tends to be less sensitive to market movements. HTAB has a correlation of 0.28 to the broad based SPY ETF.

HTAB has a market cap of $283.86 million. This is considered a Small Cap stock.

In the last 3 years, HTAB stock traded as high as $22.24 and as low as $17.75.

HTAB has underperformed the market in the last year with a return of +2.0%, while the SPY ETF gained +22.3%. In the last 3 month period, HTAB fell short of the market, returning -0.4%, while SPY returned +3.9%. However, in the most recent 2 weeks HTAB has outperformed the stock market by returning -0.3%, while SPY returned -3.6%.

HTAB support price is $19.09 and resistance is $19.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HTAB stock will trade within this expected range on the day.