Retirement Planning Group LLC Sells 136,131 Shares of Federated Hermes Total Return Bond ETF $FTRB

Retirement Planning Group LLC lowered its stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 13.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 853,548 shares of the company’s stock after selling 136,131 shares during the quarter. Federated Hermes Total Return Bond ETF makes up approximately 0.7% of Retirement Planning Group LLC’s portfolio, making the stock its 21st largest holding. Retirement Planning Group LLC owned about 4.45% of Federated Hermes Total Return Bond ETF worth $21,462,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Motco boosted its stake in Federated Hermes Total Return Bond ETF by 25.3% in the fourth quarter. Motco now owns 3,810 shares of the company’s stock valued at $97,000 after acquiring an additional 770 shares during the last quarter. Semmax Financial Advisors Inc. purchased a new stake in shares of Federated Hermes Total Return Bond ETF during the 2nd quarter worth approximately $123,000. Atlas Wealth LLC bought a new stake in shares of Federated Hermes Total Return Bond ETF in the 4th quarter worth approximately $202,000. Index Technologies Group LLC bought a new stake in shares of Federated Hermes Total Return Bond ETF in the 4th quarter worth approximately $229,000. Finally, First United Bank & Trust purchased a new position in Federated Hermes Total Return Bond ETF in the first quarter valued at approximately $254,000.

Federated Hermes Total Return Bond ETF Trading Down 0.3%

Shares of NYSEARCA FTRB opened at $24.87 on Tuesday. The stock has a fifty day simple moving average of $25.08 and a two-hundred day simple moving average of $25.27. Federated Hermes Total Return Bond ETF has a 1-year low of $24.78 and a 1-year high of $25.84. The firm has a market cap of $589.42 million, a price-to-earnings ratio of 8.09 and a beta of 0.11.

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.