Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 130,309 shares, a decrease of 63.8% from the August 31st total of 360,016 shares. Based on an average daily trading volume, of 233,216 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the company’s stock are short sold.
Federated Hermes Total Return Bond ETF Stock Down 0.1%
Federated Hermes Total Return Bond ETF stock traded down $0.02 during mid-day trading on Friday, reaching $24.18. 224,207 shares of the company’s stock were exchanged, compared to its average volume of 165,688. The company has a market cap of $623.84 million, a P/E ratio of 8.09 and a beta of 0.12. Federated Hermes Total Return Bond ETF has a twelve month low of $24.12 and a twelve month high of $25.79. The company has a fifty day moving average of $24.69 and a 200-day moving average of $24.98.
Institutional Trading of Federated Hermes Total Return Bond ETF
A number of large investors have recently modified their holdings of FTRB. Rehmann Capital Advisory Group raised its stake in shares of Federated Hermes Total Return Bond ETF by 11.9% in the second quarter. Rehmann Capital Advisory Group now owns 10,355 shares of the company’s stock valued at $260,000 after acquiring an additional 1,102 shares in the last quarter. OLD Second National Bank of Aurora raised its position in Federated Hermes Total Return Bond ETF by 13.4% in the 1st quarter. OLD Second National Bank of Aurora now owns 14,601 shares of the company’s stock valued at $367,000 after purchasing an additional 1,728 shares in the last quarter. First Citizens Financial Corp boosted its stake in shares of Federated Hermes Total Return Bond ETF by 12.8% in the 2nd quarter. First Citizens Financial Corp now owns 24,455 shares of the company’s stock valued at $614,000 after buying an additional 2,772 shares during the period. Kestra Private Wealth Services LLC grew its position in shares of Federated Hermes Total Return Bond ETF by 7.1% during the first quarter. Kestra Private Wealth Services LLC now owns 79,254 shares of the company’s stock worth $1,993,000 after buying an additional 5,237 shares in the last quarter. Finally, Quantum Portfolio Management LLC increased its stake in shares of Federated Hermes Total Return Bond ETF by 3.9% during the first quarter. Quantum Portfolio Management LLC now owns 208,911 shares of the company’s stock worth $5,253,000 after buying an additional 7,750 shares during the period.
Federated Hermes Total Return Bond ETF Company 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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