DAVENPORT & Co LLC Sells 536 Shares of Federated Hermes Short Duration High Yield ETF $FHYS

DAVENPORT & Co LLC lessened its stake in shares of Federated Hermes Short Duration High Yield ETF (NYSEARCA:FHYS) by 2.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 26,403 shares of the company’s stock after selling 536 shares during the period. DAVENPORT & Co LLC owned 2.01% of Federated Hermes Short Duration High Yield ETF worth $613,000 as of its most recent SEC filing.

Separately, Envestnet Asset Management Inc. grew its holdings in Federated Hermes Short Duration High Yield ETF by 97.7% during the first quarter. Envestnet Asset Management Inc. now owns 24,966 shares of the company’s stock valued at $570,000 after purchasing an additional 12,339 shares during the period.

Federated Hermes Short Duration High Yield ETF Price Performance

NYSEARCA:FHYS opened at $23.09 on Friday. The stock has a 50-day simple moving average of $23.26 and a two-hundred day simple moving average of $23.07. Federated Hermes Short Duration High Yield ETF has a 52-week low of $22.10 and a 52-week high of $25.34.

About Federated Hermes Short Duration High Yield ETF

The Federated Hermes Short Duration High Yield ETF (FHYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks high current income through the active management of short-term US dollar-denominated corporate debt securities that are rated below investment-grade. FHYS was launched on Dec 16, 2021 and is managed by Federated Hermes.