Integrated Wealth Concepts LLC Has $5.87 Million Stock Position in Federated Hermes Total Return Bond ETF $FTRB

Integrated Wealth Concepts LLC grew its stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 10.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 233,990 shares of the company’s stock after purchasing an additional 22,192 shares during the quarter. Integrated Wealth Concepts LLC owned about 0.97% of Federated Hermes Total Return Bond ETF worth $5,872,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of FTRB. Hills Bank & Trust Co lifted its holdings in shares of Federated Hermes Total Return Bond ETF by 4.2% during the fourth quarter. Hills Bank & Trust Co now owns 2,638,018 shares of the company’s stock worth $66,979,000 after buying an additional 107,391 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Federated Hermes Total Return Bond ETF by 14.4% during the 3rd quarter. Raymond James Financial Inc. now owns 1,019,014 shares of the company’s stock valued at $25,873,000 after purchasing an additional 128,037 shares during the last quarter. Wealth Intelligence LLC acquired a new position in shares of Federated Hermes Total Return Bond ETF during the fourth quarter worth $16,783,000. Wilkerson Advisory Group LLC increased its holdings in Federated Hermes Total Return Bond ETF by 6.8% in the 1st quarter. Wilkerson Advisory Group LLC now owns 594,257 shares of the company’s stock worth $14,943,000 after purchasing an additional 37,775 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in shares of Federated Hermes Total Return Bond ETF by 11.6% in the fourth quarter. MML Investors Services LLC now owns 548,671 shares of the company’s stock valued at $13,931,000 after buying an additional 56,967 shares during the period.

Federated Hermes Total Return Bond ETF Stock Performance

FTRB stock opened at $24.45 on Friday. The company has a fifty day moving average price of $24.80 and a 200-day moving average price of $25.07. The company has a market capitalization of $589.25 million, a P/E ratio of 8.09 and a beta of 0.12. Federated Hermes Total Return Bond ETF has a 52-week low of $24.45 and a 52-week high of $25.79.

About Federated Hermes Total Return Bond ETF

The Federated Hermes Total Return Bond ETF (FTRB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns from a core portfolio of US fixed-income securities with varying credit ratings and maturity. The fund selects securities through its Alpha Pod Process. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.