Federated Hermes Inc. Has $2.09 Million Position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB)

Federated Hermes Inc. decreased its holdings in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 80.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 85,000 shares of the company’s stock after selling 358,000 shares during the quarter. Federated Hermes Inc.’s holdings in Federated Hermes Total Return Bond ETF were worth $2,090,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Schneider Downs Wealth Management Advisors LP boosted its position in shares of Federated Hermes Total Return Bond ETF by 412.6% in the second quarter. Schneider Downs Wealth Management Advisors LP now owns 240,796 shares of the company’s stock valued at $5,967,000 after acquiring an additional 193,819 shares during the period. Claro Advisors LLC bought a new stake in Federated Hermes Total Return Bond ETF in the 2nd quarter valued at $421,000. Cambridge Investment Research Advisors Inc. grew its position in Federated Hermes Total Return Bond ETF by 9.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 171,117 shares of the company’s stock worth $4,240,000 after purchasing an additional 15,169 shares during the last quarter. Hills Bank & Trust Co bought a new position in shares of Federated Hermes Total Return Bond ETF during the 2nd quarter worth about $36,524,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Federated Hermes Total Return Bond ETF by 23.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 18,008 shares of the company’s stock valued at $446,000 after buying an additional 3,419 shares during the period.

Federated Hermes Total Return Bond ETF Stock Performance

FTRB opened at $25.89 on Friday. The stock’s 50 day simple moving average is $25.50 and its 200-day simple moving average is $24.98. Federated Hermes Total Return Bond ETF has a 1 year low of $24.19 and a 1 year high of $26.79.

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.