Allegheny Financial Group Increases Holdings in Federated Hermes Total Return Bond ETF $FTRB

Allegheny Financial Group raised its stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 43.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 253,500 shares of the company’s stock after acquiring an additional 76,667 shares during the period. Federated Hermes Total Return Bond ETF makes up 1.2% of Allegheny Financial Group’s portfolio, making the stock its 17th biggest position. Allegheny Financial Group owned approximately 1.92% of Federated Hermes Total Return Bond ETF worth $6,436,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of FTRB. Retirement Planning Group LLC purchased a new stake in shares of Federated Hermes Total Return Bond ETF during the third quarter valued at approximately $23,325,000. Raymond James Financial Inc. lifted its position in Federated Hermes Total Return Bond ETF by 1,493.6% in the 2nd quarter. Raymond James Financial Inc. now owns 890,977 shares of the company’s stock valued at $22,364,000 after acquiring an additional 835,066 shares in the last quarter. Hills Bank & Trust Co lifted its position in Federated Hermes Total Return Bond ETF by 17.5% in the 2nd quarter. Hills Bank & Trust Co now owns 2,307,838 shares of the company’s stock valued at $57,927,000 after acquiring an additional 343,359 shares in the last quarter. Jane Street Group LLC boosted its stake in Federated Hermes Total Return Bond ETF by 277.9% during the 1st quarter. Jane Street Group LLC now owns 65,221 shares of the company’s stock valued at $1,634,000 after purchasing an additional 47,962 shares during the last quarter. Finally, Platform Technology Partners boosted its stake in Federated Hermes Total Return Bond ETF by 15.4% during the 3rd quarter. Platform Technology Partners now owns 319,850 shares of the company’s stock valued at $8,121,000 after purchasing an additional 42,758 shares during the last quarter.

Federated Hermes Total Return Bond ETF Trading Up 0.1%

Federated Hermes Total Return Bond ETF stock opened at $25.47 on Wednesday. Federated Hermes Total Return Bond ETF has a 12 month low of $24.40 and a 12 month high of $25.84. The stock has a fifty day simple moving average of $25.44 and a two-hundred day simple moving average of $25.43. The firm has a market cap of $420.26 million, a price-to-earnings ratio of 8.09 and a beta of 0.14.

Federated Hermes Total Return Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, February 2nd. Investors of record on Friday, January 30th were issued a $0.0565 dividend. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, January 30th.

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. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.