1,374 Shares in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) Bought by Golden State Wealth Management LLC

Golden State Wealth Management LLC acquired a new position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,374 shares of the company’s stock, valued at approximately $34,000.

Several other institutional investors also recently modified their holdings of FTRB. Avantax Advisory Services Inc. boosted its position in Federated Hermes Total Return Bond ETF by 2.0% during the fourth quarter. Avantax Advisory Services Inc. now owns 39,174 shares of the company’s stock valued at $967,000 after acquiring an additional 785 shares during the last quarter. Firethorn Wealth Partners LLC raised its holdings in shares of Federated Hermes Total Return Bond ETF by 7.8% during the first quarter. Firethorn Wealth Partners LLC now owns 18,331 shares of the company’s stock valued at $459,000 after purchasing an additional 1,331 shares during the period. River Street Advisors LLC raised its holdings in shares of Federated Hermes Total Return Bond ETF by 4.0% during the first quarter. River Street Advisors LLC now owns 44,055 shares of the company’s stock valued at $1,104,000 after purchasing an additional 1,687 shares during the period. OLD Second National Bank of Aurora raised its holdings in shares of Federated Hermes Total Return Bond ETF by 17.4% during the first quarter. OLD Second National Bank of Aurora now owns 11,967 shares of the company’s stock valued at $300,000 after purchasing an additional 1,774 shares during the period. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Federated Hermes Total Return Bond ETF during the fourth quarter valued at about $64,000.

Federated Hermes Total Return Bond ETF Trading Down 0.4%

Shares of NYSEARCA FTRB opened at $25.02 on Monday. The firm’s 50-day moving average price is $24.92 and its 200-day moving average price is $24.86. Federated Hermes Total Return Bond ETF has a 1-year low of $24.30 and a 1-year high of $26.24. The firm has a market capitalization of $325.76 million, a P/E ratio of 8.09 and a beta of 0.09.

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.