IFS Group LLC bought a new stake in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor bought 29,238 shares of the company’s stock, valued at approximately $901,000.
Other large investors have also recently bought and sold shares of the company. HighTower Advisors LLC increased its position in Federated Hermes U.S. Strategic Dividend ETF by 1.7% during the fourth quarter. HighTower Advisors LLC now owns 21,723 shares of the company’s stock worth $622,000 after buying an additional 357 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 4.4% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 11,950 shares of the company’s stock valued at $342,000 after acquiring an additional 508 shares in the last quarter. Intrua Financial LLC lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 7.2% in the first quarter. Intrua Financial LLC now owns 23,910 shares of the company’s stock valued at $736,000 after acquiring an additional 1,600 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.3% during the third quarter. Private Advisor Group LLC now owns 168,951 shares of the company’s stock valued at $4,835,000 after acquiring an additional 2,097 shares during the last quarter. Finally, Essex Financial Services Inc. boosted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 19.0% during the first quarter. Essex Financial Services Inc. now owns 13,983 shares of the company’s stock valued at $431,000 after acquiring an additional 2,234 shares during the last quarter.
Federated Hermes U.S. Strategic Dividend ETF Trading Up 0.1%
Federated Hermes U.S. Strategic Dividend ETF stock opened at $33.57 on Thursday. The stock has a 50-day moving average price of $31.88 and a 200 day moving average price of $31.23. Federated Hermes U.S. Strategic Dividend ETF has a 52 week low of $27.50 and a 52 week high of $35.11. The stock has a market cap of $866.11 million, a PE ratio of 16.95 and a beta of 0.51.
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. FDV was launched on Nov 15, 2022 and is managed by Federated Hermes.
See Also
- Five stocks we like better than Federated Hermes U.S. Strategic Dividend ETF
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Want to see what other hedge funds are holding FDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV – Free Report).
Receive News & Ratings for Federated Hermes U.S. Strategic Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federated Hermes U.S. Strategic Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
