Wealth Enhancement Advisory Services LLC Sells 2,283 Shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Wealth Enhancement Advisory Services LLC reduced its holdings in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 440,398 shares of the company’s stock after selling 2,283 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 11.29% of Federated Hermes U.S. Strategic Dividend ETF worth $12,291,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC grew its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.2% during the third quarter. Integrated Wealth Concepts LLC now owns 136,744 shares of the company’s stock worth $3,816,000 after buying an additional 1,643 shares in the last quarter. Hilltop Holdings Inc. grew its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 464.8% during the third quarter. Hilltop Holdings Inc. now owns 69,159 shares of the company’s stock worth $1,930,000 after buying an additional 56,915 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 0.3% during the third quarter. Rockefeller Capital Management L.P. now owns 136,825 shares of the company’s stock worth $3,819,000 after buying an additional 363 shares in the last quarter. Ascension Capital Advisors Inc. grew its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 8.2% during the third quarter. Ascension Capital Advisors Inc. now owns 1,072,643 shares of the company’s stock worth $29,937,000 after buying an additional 81,360 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 154.0% during the third quarter. Janney Montgomery Scott LLC now owns 114,908 shares of the company’s stock worth $3,207,000 after buying an additional 69,675 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Performance

NYSEARCA:FDV opened at $26.32 on Monday. The company has a market cap of $102.65 million, a PE ratio of 14.90 and a beta of 0.60. Federated Hermes U.S. Strategic Dividend ETF has a 52-week low of $23.25 and a 52-week high of $28.66. The stock has a 50-day simple moving average of $27.47 and a 200 day simple moving average of $27.08.

Federated Hermes U.S. Strategic Dividend ETF Company Profile

The Federated Hermes U.S. Strategic Dividend ETF (FDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of high dividend-paying US stocks with the potential for dividend growth.