Zions Bancorporation National Association UT purchased a new position in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 103,750 shares of the company’s stock, valued at approximately $2,968,000.
Several other large investors have also recently made changes to their positions in FDV. Raymond James Financial Inc. raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 283.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,182,715 shares of the company’s stock worth $59,937,000 after acquiring an additional 1,612,810 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Federated Hermes U.S. Strategic Dividend ETF in the 4th quarter worth $19,173,000. LPL Financial LLC raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 16.0% in the 4th quarter. LPL Financial LLC now owns 2,621,893 shares of the company’s stock worth $75,012,000 after acquiring an additional 361,737 shares in the last quarter. Bank of America Corp DE raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 1,765.1% in the 3rd quarter. Bank of America Corp DE now owns 219,318 shares of the company’s stock worth $6,277,000 after acquiring an additional 207,559 shares in the last quarter. Finally, Ascension Capital Advisors Inc. raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 16.3% in the 4th quarter. Ascension Capital Advisors Inc. now owns 1,316,195 shares of the company’s stock worth $37,656,000 after acquiring an additional 184,498 shares in the last quarter.
Federated Hermes U.S. Strategic Dividend ETF Price Performance
Shares of FDV stock opened at $31.79 on Thursday. Federated Hermes U.S. Strategic Dividend ETF has a 1-year low of $27.08 and a 1-year high of $35.11. The stock’s fifty day moving average price is $31.11 and its 200 day moving average price is $30.41. The company has a market cap of $756.60 million, a price-to-earnings ratio of 16.95 and a beta of 0.51.
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. FDV was launched on Nov 15, 2022 and is managed by Federated Hermes.
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