Federated Hermes Total Return Bond ETF $FTRB Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 250.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 149,851 shares of the company’s stock after purchasing an additional 107,089 shares during the period. Wealth Enhancement Advisory Services LLC owned about 1.07% of Federated Hermes Total Return Bond ETF worth $3,809,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FTRB. Jane Street Group LLC boosted its stake in Federated Hermes Total Return Bond ETF by 277.9% during the 1st quarter. Jane Street Group LLC now owns 65,221 shares of the company’s stock worth $1,634,000 after purchasing an additional 47,962 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in Federated Hermes Total Return Bond ETF by 38.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 3,608 shares of the company’s stock valued at $91,000 after buying an additional 1,007 shares in the last quarter. Quantum Portfolio Management LLC grew its holdings in Federated Hermes Total Return Bond ETF by 15.9% in the 2nd quarter. Quantum Portfolio Management LLC now owns 191,161 shares of the company’s stock valued at $4,798,000 after buying an additional 26,200 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Federated Hermes Total Return Bond ETF by 1,493.6% in the 2nd quarter. Raymond James Financial Inc. now owns 890,977 shares of the company’s stock worth $22,364,000 after acquiring an additional 835,066 shares during the last quarter. Finally, Semmax Financial Advisors Inc. purchased a new position in shares of Federated Hermes Total Return Bond ETF during the 2nd quarter worth $123,000.

Federated Hermes Total Return Bond ETF Trading Up 0.2%

Shares of FTRB opened at $25.15 on Wednesday. Federated Hermes Total Return Bond ETF has a 12-month low of $24.40 and a 12-month high of $25.84. The firm has a market capitalization of $414.98 million, a P/E ratio of 8.09 and a beta of 0.14. The firm has a 50-day moving average price of $25.40 and a 200 day moving average price of $25.47.

Federated Hermes Total Return Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were paid a $0.0887 dividend. This is a positive change from Federated Hermes Total Return Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.2%.

Federated Hermes Total Return Bond ETF Company Profile

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.