Retirement Planning Group LLC decreased its holdings in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB – Free Report) by 13.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 853,548 shares of the company’s stock after selling 136,131 shares during the period. Federated Hermes Total Return Bond ETF accounts for about 0.7% of Retirement Planning Group LLC’s holdings, making the stock its 21st biggest position. Retirement Planning Group LLC’s holdings in Federated Hermes Total Return Bond ETF were worth $21,462,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Motco lifted its stake in shares of Federated Hermes Total Return Bond ETF by 25.3% during the 4th quarter. Motco now owns 3,810 shares of the company’s stock valued at $97,000 after buying an additional 770 shares in the last quarter. Semmax Financial Advisors Inc. bought a new stake in Federated Hermes Total Return Bond ETF during the 2nd quarter valued at $123,000. Atlas Wealth LLC purchased a new stake in shares of Federated Hermes Total Return Bond ETF during the fourth quarter worth $202,000. Index Technologies Group LLC purchased a new stake in shares of Federated Hermes Total Return Bond ETF during the fourth quarter worth $229,000. Finally, First United Bank & Trust purchased a new stake in shares of Federated Hermes Total Return Bond ETF during the first quarter worth $254,000.
Federated Hermes Total Return Bond ETF Price Performance
Federated Hermes Total Return Bond ETF stock opened at $24.87 on Tuesday. The firm has a market capitalization of $589.42 million, a P/E ratio of 8.09 and a beta of 0.11. Federated Hermes Total Return Bond ETF has a one year low of $24.78 and a one year high of $25.84. The business has a fifty day moving average price of $25.08 and a 200-day moving average price of $25.27.
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. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.
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