Intrua Financial LLC Raises Stock Position in Federated Hermes U.S. Strategic Dividend ETF $FDV

Intrua Financial LLC lifted its position in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 113.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,150 shares of the company’s stock after purchasing an additional 11,250 shares during the period. Intrua Financial LLC owned 0.14% of Federated Hermes U.S. Strategic Dividend ETF worth $581,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. LPL Financial LLC raised its position in Federated Hermes U.S. Strategic Dividend ETF by 235.7% during the 1st quarter. LPL Financial LLC now owns 1,390,140 shares of the company’s stock valued at $39,146,000 after purchasing an additional 976,064 shares in the last quarter. Fourpath Capital Management LLC bought a new position in Federated Hermes U.S. Strategic Dividend ETF during the 2nd quarter worth about $11,406,000. Envestnet Asset Management Inc. increased its position in Federated Hermes U.S. Strategic Dividend ETF by 48.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 416,591 shares of the company’s stock valued at $11,731,000 after purchasing an additional 136,479 shares during the period. Cetera Investment Advisers increased its position in Federated Hermes U.S. Strategic Dividend ETF by 267.7% during the 1st quarter. Cetera Investment Advisers now owns 111,991 shares of the company’s stock valued at $3,154,000 after purchasing an additional 81,534 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 391.1% in the 1st quarter. Kestra Advisory Services LLC now owns 62,356 shares of the company’s stock valued at $1,756,000 after purchasing an additional 49,659 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Performance

NYSEARCA FDV opened at $28.50 on Friday. The firm’s 50 day moving average price is $28.49 and its 200-day moving average price is $28.01. Federated Hermes U.S. Strategic Dividend ETF has a 52-week low of $24.39 and a 52-week high of $29.80. The company has a market cap of $473.10 million, a PE ratio of 16.95 and a beta of 0.63.

About Federated Hermes U.S. Strategic Dividend ETF

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.