Truist Financial Corp Acquires New Holdings in Federated Hermes Total Return Bond ETF $FTRB

Truist Financial Corp purchased a new stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 166,681 shares of the company’s stock, valued at approximately $4,184,000. Truist Financial Corp owned about 1.30% of Federated Hermes Total Return Bond ETF as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Towerpoint Wealth LLC raised its position in Federated Hermes Total Return Bond ETF by 10.9% during the 2nd quarter. Towerpoint Wealth LLC now owns 9,771 shares of the company’s stock worth $245,000 after purchasing an additional 961 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Federated Hermes Total Return Bond ETF during the 1st quarter worth $34,000. River Street Advisors LLC raised its position 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 worth $1,104,000 after acquiring an additional 1,687 shares during the last quarter. OLD Second National Bank of Aurora raised its position 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 worth $300,000 after acquiring an additional 1,774 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in shares of Federated Hermes Total Return Bond ETF by 4.7% during the first quarter. Avantax Advisory Services Inc. now owns 41,001 shares of the company’s stock worth $1,027,000 after acquiring an additional 1,827 shares during the last quarter.

Federated Hermes Total Return Bond ETF Price Performance

Shares of FTRB opened at $25.45 on Thursday. Federated Hermes Total Return Bond ETF has a 1 year low of $24.30 and a 1 year high of $25.84. The business has a 50-day moving average of $25.34 and a 200-day moving average of $25.07. The company has a market capitalization of $338.49 million, a price-to-earnings ratio of 8.09 and a beta of 0.09.

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.