Janney Montgomery Scott LLC Has $1.36 Million Position in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Janney Montgomery Scott LLC lowered its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 55.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 51,144 shares of the company’s stock after selling 63,764 shares during the period. Janney Montgomery Scott LLC’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $1,360,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FDV. Concourse Financial Group Securities Inc. bought a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF in the 3rd quarter valued at $27,000. NBC Securities Inc. bought a new stake in Federated Hermes U.S. Strategic Dividend ETF during the third quarter valued at $195,000. Truist Financial Corp grew its holdings in Federated Hermes U.S. Strategic Dividend ETF by 6.5% during the 2nd quarter. Truist Financial Corp now owns 23,255 shares of the company’s stock worth $578,000 after acquiring an additional 1,414 shares during the period. Priebe Wealth Holdings LLC raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 6.7% in the 3rd quarter. Priebe Wealth Holdings LLC now owns 25,325 shares of the company’s stock worth $707,000 after acquiring an additional 1,600 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of Federated Hermes U.S. Strategic Dividend ETF in the 2nd quarter valued at about $1,791,000.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

NYSEARCA FDV opened at $27.48 on Wednesday. The stock has a market capitalization of $107.17 million, a P/E ratio of 14.90 and a beta of 0.60. The business has a 50 day simple moving average of $27.25 and a 200 day simple moving average of $27.34. Federated Hermes U.S. Strategic Dividend ETF has a one year low of $23.25 and a one year high of $28.66.

Federated Hermes U.S. Strategic Dividend ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a $0.0662 dividend. This is a positive change from Federated Hermes U.S. Strategic Dividend ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, January 31st.

About Federated Hermes U.S. Strategic Dividend ETF

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.