Gateway Wealth Partners LLC Raises Holdings in Federated Hermes U.S. Strategic Dividend ETF $FDV

Gateway Wealth Partners LLC increased its stake in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 156.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,596 shares of the company’s stock after purchasing an additional 17,427 shares during the period. Gateway Wealth Partners LLC’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $881,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in Federated Hermes U.S. Strategic Dividend ETF by 16.0% during the 4th quarter. LPL Financial LLC now owns 2,621,893 shares of the company’s stock valued at $75,012,000 after buying an additional 361,737 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 2.3% in the third quarter. Raymond James Financial Inc. now owns 2,233,799 shares of the company’s stock worth $63,931,000 after acquiring an additional 51,084 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 5.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,758,936 shares of the company’s stock worth $50,875,000 after acquiring an additional 89,928 shares during the last quarter. Great Valley Advisor Group Inc. lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 9.3% in the fourth quarter. Great Valley Advisor Group Inc. now owns 1,742,820 shares of the company’s stock valued at $49,862,000 after acquiring an additional 148,995 shares in the last quarter. Finally, Ascension Capital Advisors Inc. lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 16.3% in the fourth quarter. Ascension Capital Advisors Inc. now owns 1,316,195 shares of the company’s stock valued at $37,656,000 after acquiring an additional 184,498 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Trading Up 0.1%

Federated Hermes U.S. Strategic Dividend ETF stock opened at $33.57 on Thursday. The stock has a market cap of $866.11 million, a PE ratio of 16.95 and a beta of 0.51. The stock has a 50-day moving average price of $31.88 and a 200 day moving average price of $31.23. Federated Hermes U.S. Strategic Dividend ETF has a 52 week low of $27.50 and a 52 week high of $35.11.

Federated Hermes U.S. Strategic Dividend ETF Profile

The Federated Hermes U.S. Strategic Dividend ETF (FDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of high dividend-paying US stocks with the potential for dividend growth. FDV was launched on Nov 15, 2022 and is managed by Federated Hermes.