Petros Family Wealth LLC Buys 38,712 Shares of Federated Hermes Total Return Bond ETF $FTRB

Petros Family Wealth LLC lifted its position in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 142.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,794 shares of the company’s stock after purchasing an additional 38,712 shares during the quarter. Petros Family Wealth LLC owned 0.22% of Federated Hermes Total Return Bond ETF worth $1,576,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Broadway Wealth Solutions Inc. boosted its holdings in Federated Hermes Total Return Bond ETF by 5.7% during the third quarter. Broadway Wealth Solutions Inc. now owns 1,229,917 shares of the company’s stock worth $29,457,000 after buying an additional 66,091 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Federated Hermes Total Return Bond ETF by 8.4% during the second quarter. Envestnet Asset Management Inc. now owns 874,340 shares of the company’s stock valued at $21,942,000 after buying an additional 67,693 shares during the period. Wilkerson Advisory Group LLC grew its position in Federated Hermes Total Return Bond ETF by 6.8% during the first quarter. Wilkerson Advisory Group LLC now owns 594,257 shares of the company’s stock valued at $14,943,000 after buying an additional 37,775 shares during the period. GTS Financial LLC acquired a new stake in Federated Hermes Total Return Bond ETF during the first quarter valued at $12,548,000. Finally, Platform Technology Partners increased its holdings in Federated Hermes Total Return Bond ETF by 5.4% in the first quarter. Platform Technology Partners now owns 480,861 shares of the company’s stock valued at $12,091,000 after buying an additional 24,524 shares in the last quarter.

Federated Hermes Total Return Bond ETF Stock Performance

FTRB opened at $24.43 on Friday. The company has a fifty day moving average of $24.37 and a two-hundred day moving average of $24.97. The stock has a market capitalization of $723.13 million, a price-to-earnings ratio of 8.09 and a beta of 0.13. Federated Hermes Total Return Bond ETF has a fifty-two week low of $23.86 and a fifty-two week high of $25.79.

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.