Petros Family Wealth LLC grew its holdings in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB – Free Report) by 142.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 65,794 shares of the company’s stock after buying an additional 38,712 shares during the quarter. Petros Family Wealth LLC’s holdings in Federated Hermes Total Return Bond ETF were worth $1,576,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Rehmann Capital Advisory Group raised its stake in shares of Federated Hermes Total Return Bond ETF by 11.9% during the 2nd quarter. Rehmann Capital Advisory Group now owns 10,355 shares of the company’s stock worth $260,000 after buying an additional 1,102 shares during the period. OLD Second National Bank of Aurora grew its stake in Federated Hermes Total Return Bond ETF by 7.2% in the 3rd quarter. OLD Second National Bank of Aurora now owns 18,852 shares of the company’s stock valued at $452,000 after acquiring an additional 1,270 shares during the period. River Street Advisors LLC grew its stake in Federated Hermes Total Return Bond ETF by 3.0% in the 3rd quarter. River Street Advisors LLC now owns 75,294 shares of the company’s stock valued at $1,803,000 after acquiring an additional 2,171 shares during the period. First Citizens Financial Corp increased its holdings in Federated Hermes Total Return Bond ETF by 12.8% in the 2nd quarter. First Citizens Financial Corp now owns 24,455 shares of the company’s stock worth $614,000 after acquiring an additional 2,772 shares in the last quarter. Finally, Quantum Portfolio Management LLC increased its holdings in Federated Hermes Total Return Bond ETF by 3.9% in the 1st quarter. Quantum Portfolio Management LLC now owns 208,911 shares of the company’s stock worth $5,253,000 after acquiring an additional 7,750 shares in the last quarter.
Federated Hermes Total Return Bond ETF Stock Down 0.0%
Shares of NYSEARCA FTRB opened at $24.43 on Friday. The company’s 50-day simple moving average is $24.37 and its 200-day simple moving average is $24.97. Federated Hermes Total Return Bond ETF has a 52-week low of $23.86 and a 52-week high of $25.79. The firm has a market cap of $723.13 million, a price-to-earnings ratio of 8.09 and a beta of 0.13.
About Federated Hermes Total Return Bond ETF
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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