Wallace Advisory Group LLC Makes New $1.06 Million Investment in Harbor Commodity All-Weather Strategy ETF $HGER

Wallace Advisory Group LLC acquired a new position in shares of Harbor Commodity All-Weather Strategy ETF (NYSEARCA:HGER) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 42,868 shares of the company’s stock, valued at approximately $1,064,000. Harbor Commodity All-Weather Strategy ETF accounts for about 1.1% of Wallace Advisory Group LLC’s portfolio, making the stock its 22nd biggest position. Wallace Advisory Group LLC owned about 0.07% of Harbor Commodity All-Weather Strategy ETF as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in HGER. Bank of America Corp DE lifted its position in Harbor Commodity All-Weather Strategy ETF by 209.0% during the 3rd quarter. Bank of America Corp DE now owns 2,784,190 shares of the company’s stock worth $71,832,000 after acquiring an additional 1,883,027 shares during the period. Great Lakes Advisors LLC lifted its position in Harbor Commodity All-Weather Strategy ETF by 115.8% during the 3rd quarter. Great Lakes Advisors LLC now owns 2,502,453 shares of the company’s stock worth $64,563,000 after acquiring an additional 1,342,935 shares during the period. 3EDGE Asset Management LP lifted its position in Harbor Commodity All-Weather Strategy ETF by 182.6% during the 3rd quarter. 3EDGE Asset Management LP now owns 2,031,337 shares of the company’s stock worth $52,431,000 after acquiring an additional 1,312,638 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in Harbor Commodity All-Weather Strategy ETF during the 3rd quarter worth approximately $26,274,000. Finally, HighTower Advisors LLC lifted its position in Harbor Commodity All-Weather Strategy ETF by 189.1% during the 3rd quarter. HighTower Advisors LLC now owns 597,302 shares of the company’s stock worth $15,410,000 after acquiring an additional 390,703 shares during the period.

Harbor Commodity All-Weather Strategy ETF Stock Down 0.6%

Harbor Commodity All-Weather Strategy ETF stock opened at $30.76 on Friday. Harbor Commodity All-Weather Strategy ETF has a twelve month low of $22.92 and a twelve month high of $31.61. The stock has a 50 day moving average of $29.19 and a two-hundred day moving average of $27.14.

About Harbor Commodity All-Weather Strategy ETF

The Harbor All-Weather Inflation Focus ETF (HGER) is an exchange-traded fund that is based on the Quantix Inflation index. The fund tracks an index designed to provide broad exposure to inflation-sensitive commodities, selected and weighted based on fundamental and technical factors. The objective of the fund is to hedge inflation HGER was launched on Feb 9, 2022 and is managed by Harbor.