Intrua Financial LLC Grows Stock Position in Federated Hermes U.S. Strategic Dividend ETF $FDV

Intrua Financial LLC lifted its position in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 113.6% during the second quarter, HoldingsChannel.com reports. The fund owned 21,150 shares of the company’s stock after acquiring an additional 11,250 shares during the period. Intrua Financial LLC’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $581,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Capital Analysts LLC lifted its holdings in Federated Hermes U.S. Strategic Dividend ETF by 29.9% in the 1st quarter. Capital Analysts LLC now owns 6,553 shares of the company’s stock valued at $185,000 after purchasing an additional 1,507 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 8.3% in the second quarter. Kingswood Wealth Advisors LLC now owns 9,934 shares of the company’s stock worth $273,000 after buying an additional 758 shares in the last quarter. HighTower Advisors LLC raised its holdings in Federated Hermes U.S. Strategic Dividend ETF by 35.6% in the 1st quarter. HighTower Advisors LLC now owns 15,292 shares of the company’s stock valued at $431,000 after acquiring an additional 4,014 shares during the last quarter. Claro Advisors LLC boosted its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 13.0% during the 2nd quarter. Claro Advisors LLC now owns 19,310 shares of the company’s stock worth $530,000 after purchasing an additional 2,225 shares during the last quarter. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF in the first quarter valued at approximately $1,098,000.

Federated Hermes U.S. Strategic Dividend ETF Stock Performance

NYSEARCA FDV opened at $28.50 on Friday. Federated Hermes U.S. Strategic Dividend ETF has a fifty-two week low of $24.39 and a fifty-two week high of $29.80. The firm has a market capitalization of $473.10 million, a P/E ratio of 16.95 and a beta of 0.63. The stock’s fifty day moving average is $28.49 and its two-hundred day moving average is $28.01.

About Federated Hermes U.S. Strategic Dividend ETF

The Federated Hermes U.S. Strategic Dividend ETF (FDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund seeks income and long-term capital appreciation through an actively managed portfolio of high dividend-paying US stocks with the potential for dividend growth.