Signature Equity Partners LLC Buys 33,016 Shares of Federated Hermes Total Return Bond ETF $FTRB

Signature Equity Partners LLC grew its stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 23.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,130 shares of the company’s stock after buying an additional 33,016 shares during the quarter. Federated Hermes Total Return Bond ETF comprises 2.4% of Signature Equity Partners LLC’s holdings, making the stock its 6th biggest position. Signature Equity Partners LLC owned about 0.92% of Federated Hermes Total Return Bond ETF worth $4,429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Motco raised its holdings in Federated Hermes Total Return Bond ETF by 25.3% during the fourth quarter. Motco now owns 3,810 shares of the company’s stock worth $97,000 after purchasing an additional 770 shares in the last quarter. Semmax Financial Advisors Inc. bought a new position in Federated Hermes Total Return Bond ETF during the 2nd quarter valued at $123,000. Atlas Wealth LLC bought a new position in Federated Hermes Total Return Bond ETF during the 4th quarter valued at $202,000. Index Technologies Group LLC acquired a new position in shares of Federated Hermes Total Return Bond ETF during the 4th quarter valued at $229,000. Finally, First United Bank & Trust acquired a new position in shares of Federated Hermes Total Return Bond ETF during the 1st quarter valued at $254,000.

Federated Hermes Total Return Bond ETF Stock Performance

FTRB opened at $24.81 on Thursday. The company has a market capitalization of $592.96 million, a PE ratio of 8.09 and a beta of 0.11. The stock’s fifty day moving average is $25.05 and its 200-day moving average is $25.24. Federated Hermes Total Return Bond ETF has a one year low of $24.78 and a one year high of $25.84.

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.