Lantz Financial LLC Has $3.97 Million Stake in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Lantz Financial LLC lifted its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 24.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 159,760 shares of the company’s stock after acquiring an additional 30,900 shares during the period. Federated Hermes U.S. Strategic Dividend ETF makes up about 1.2% of Lantz Financial LLC’s investment portfolio, making the stock its 16th biggest position. Lantz Financial LLC owned 4.10% of Federated Hermes U.S. Strategic Dividend ETF worth $3,969,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Kingswood Wealth Advisors LLC lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 64.6% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 15,050 shares of the company’s stock worth $374,000 after buying an additional 5,908 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Federated Hermes U.S. Strategic Dividend ETF by 35.0% in the first quarter. Janney Montgomery Scott LLC now owns 45,306 shares of the company’s stock valued at $1,145,000 after buying an additional 11,740 shares during the period. Private Advisor Group LLC grew its holdings in Federated Hermes U.S. Strategic Dividend ETF by 27.7% during the 1st quarter. Private Advisor Group LLC now owns 156,621 shares of the company’s stock worth $3,959,000 after acquiring an additional 33,942 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Federated Hermes U.S. Strategic Dividend ETF by 1.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 375,584 shares of the company’s stock worth $9,495,000 after buying an additional 4,378 shares during the last quarter. Finally, Priebe Wealth Holdings LLC boosted its stake in Federated Hermes U.S. Strategic Dividend ETF by 5.4% during the 1st quarter. Priebe Wealth Holdings LLC now owns 23,225 shares of the company’s stock worth $587,000 after acquiring an additional 1,200 shares during the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Performance

Shares of NYSEARCA FDV opened at $27.38 on Wednesday. The firm has a 50 day moving average price of $26.35 and a 200 day moving average price of $25.24. The stock has a market cap of $106.76 million, a P/E ratio of 14.90 and a beta of 0.60. Federated Hermes U.S. Strategic Dividend ETF has a 52-week low of $21.32 and a 52-week high of $27.58.

Federated Hermes U.S. Strategic Dividend ETF 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.