Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its holdings in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 54.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 655,050 shares of the company’s stock after purchasing an additional 232,219 shares during the period. Envestnet Asset Management Inc. owned 6.30% of Federated Hermes Total Return Bond ETF worth $16,409,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of FTRB. Hills Bank & Trust Co grew its position in Federated Hermes Total Return Bond ETF by 8.6% in the 1st quarter. Hills Bank & Trust Co now owns 1,964,479 shares of the company’s stock valued at $49,210,000 after buying an additional 154,748 shares in the last quarter. Broadway Wealth Solutions Inc. grew its position in Federated Hermes Total Return Bond ETF by 10.8% in the 1st quarter. Broadway Wealth Solutions Inc. now owns 835,530 shares of the company’s stock valued at $20,930,000 after buying an additional 81,187 shares in the last quarter. MML Investors Services LLC bought a new position in Federated Hermes Total Return Bond ETF in the 4th quarter valued at about $10,356,000. RMR Wealth Builders grew its position in Federated Hermes Total Return Bond ETF by 8.2% in the 1st quarter. RMR Wealth Builders now owns 121,108 shares of the company’s stock valued at $3,044,000 after buying an additional 9,144 shares in the last quarter. Finally, River Street Advisors LLC grew its position in Federated Hermes Total Return Bond ETF by 4.0% in the 1st quarter. River Street Advisors LLC now owns 44,055 shares of the company’s stock valued at $1,104,000 after buying an additional 1,687 shares in the last quarter.

Federated Hermes Total Return Bond ETF Trading Down 0.4%

NYSEARCA:FTRB opened at $24.84 on Friday. Federated Hermes Total Return Bond ETF has a twelve month low of $24.30 and a twelve month high of $26.24. The company has a 50-day moving average of $24.91 and a 200-day moving average of $24.88. The firm has a market cap of $317.46 million, a price-to-earnings 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.