Kestra Private Wealth Services LLC Takes Position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB)

Kestra Private Wealth Services LLC acquired a new stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 44,168 shares of the company’s stock, valued at approximately $1,090,000. Kestra Private Wealth Services LLC owned 1.26% of Federated Hermes Total Return Bond ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Hills Bank & Trust Co grew its position in shares of Federated Hermes Total Return Bond ETF by 2.7% during the 3rd quarter. Hills Bank & Trust Co now owns 1,514,055 shares of the company’s stock valued at $39,063,000 after acquiring an additional 40,110 shares during the period. Platform Technology Partners boosted its holdings in Federated Hermes Total Return Bond ETF by 33.7% in the 4th quarter. Platform Technology Partners now owns 195,687 shares of the company’s stock worth $4,830,000 after buying an additional 49,343 shares during the period. Custom Index Systems LLC bought a new position in Federated Hermes Total Return Bond ETF in the 3rd quarter worth $3,198,000. RMR Wealth Builders boosted its holdings in Federated Hermes Total Return Bond ETF by 79.0% in the 4th quarter. RMR Wealth Builders now owns 111,964 shares of the company’s stock worth $2,763,000 after buying an additional 49,422 shares during the period. Finally, Jane Street Group LLC bought a new position in Federated Hermes Total Return Bond ETF in the 3rd quarter worth $2,804,000.

Federated Hermes Total Return Bond ETF Stock Up 0.3 %

Shares of Federated Hermes Total Return Bond ETF stock opened at $24.72 on Friday. The company has a fifty day moving average of $24.75 and a 200 day moving average of $25.19. Federated Hermes Total Return Bond ETF has a fifty-two week low of $24.19 and a fifty-two week high of $26.24.

Federated Hermes Total Return Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Friday, January 31st were issued a $0.0775 dividend. The ex-dividend date of this dividend was Friday, January 31st.

Federated Hermes Total Return Bond ETF 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.