Hills Bank & Trust Co grew its stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB – Free Report) by 4.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,638,018 shares of the company’s stock after acquiring an additional 107,391 shares during the quarter. Federated Hermes Total Return Bond ETF accounts for 3.9% of Hills Bank & Trust Co’s portfolio, making the stock its 5th biggest holding. Hills Bank & Trust Co owned about 0.16% of Federated Hermes Total Return Bond ETF worth $66,979,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also added to or reduced their stakes in the company. Semmax Financial Advisors Inc. bought a new stake in Federated Hermes Total Return Bond ETF in the second quarter worth $123,000. Towerpoint Wealth LLC lifted its holdings in shares of Federated Hermes Total Return Bond ETF by 23.3% during the fourth quarter. Towerpoint Wealth LLC now owns 12,045 shares of the company’s stock valued at $306,000 after purchasing an additional 2,274 shares in the last quarter. First Citizens Financial Corp bought a new position in shares of Federated Hermes Total Return Bond ETF during the fourth quarter valued at $494,000. Aurora Private Wealth Inc. bought a new position in shares of Federated Hermes Total Return Bond ETF during the fourth quarter valued at $562,000. Finally, Wesbanco Bank Inc. lifted its holdings in shares of Federated Hermes Total Return Bond ETF by 72.6% during the third quarter. Wesbanco Bank Inc. now owns 36,315 shares of the company’s stock valued at $922,000 after purchasing an additional 15,272 shares in the last quarter.
Federated Hermes Total Return Bond ETF Price Performance
Shares of NYSEARCA:FTRB opened at $24.92 on Friday. The company has a market cap of $478.46 million, a P/E ratio of 8.09 and a beta of 0.12. Federated Hermes Total Return Bond ETF has a 1 year low of $24.62 and a 1 year high of $25.84. The stock’s fifty day moving average price is $25.22 and its 200-day moving average price is $25.40.
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. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.
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