Integrated Wealth Concepts LLC Buys 22,192 Shares of Federated Hermes Total Return Bond ETF $FTRB

Integrated Wealth Concepts LLC increased its stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 10.5% during the second quarter, Holdings Channel.com reports. The fund owned 233,990 shares of the company’s stock after buying an additional 22,192 shares during the period. Integrated Wealth Concepts LLC’s holdings in Federated Hermes Total Return Bond ETF were worth $5,872,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Wilkerson Advisory Group LLC increased its position in Federated Hermes Total Return Bond ETF by 6.8% during the 1st quarter. Wilkerson Advisory Group LLC now owns 594,257 shares of the company’s stock valued at $14,943,000 after purchasing an additional 37,775 shares during the period. Hills Bank & Trust Co lifted its position in shares of Federated Hermes Total Return Bond ETF by 4.2% in the 4th quarter. Hills Bank & Trust Co now owns 2,638,018 shares of the company’s stock worth $66,979,000 after purchasing an additional 107,391 shares during the period. Concurrent Investment Advisors LLC acquired a new position in shares of Federated Hermes Total Return Bond ETF in the 2nd quarter worth approximately $1,629,000. Beaumont Financial Advisors LLC boosted its stake in shares of Federated Hermes Total Return Bond ETF by 191.0% in the 1st quarter. Beaumont Financial Advisors LLC now owns 274,316 shares of the company’s stock valued at $6,898,000 after purchasing an additional 180,035 shares during the last quarter. Finally, Platform Technology Partners boosted its stake in shares of Federated Hermes Total Return Bond ETF by 5.4% in the 1st quarter. Platform Technology Partners now owns 480,861 shares of the company’s stock valued at $12,091,000 after purchasing an additional 24,524 shares during the last quarter.

Federated Hermes Total Return Bond ETF Stock Down 0.2%

FTRB opened at $24.45 on Friday. Federated Hermes Total Return Bond ETF has a twelve month low of $24.45 and a twelve month high of $25.79. The company has a fifty day moving average of $24.80 and a 200-day moving average of $25.07. The stock has a market cap of $589.25 million, a PE ratio of 8.09 and a beta of 0.12.

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.