Truist Financial Corp Raises Holdings in Federated Hermes U.S. Strategic Dividend ETF $FDV

Posted by Logan Wallace on Feb 2nd, 2026

Truist Financial Corp lifted its holdings in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV – Free Report) by 9.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 359,662 shares of the company’s stock after purchasing an additional 30,612 shares during the quarter. Truist Financial Corp’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $10,294,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. raised its position in Federated Hermes U.S. Strategic Dividend ETF by 283.0% in the 2nd quarter. Raymond James Financial Inc. now owns 2,182,715 shares of the company’s stock worth $59,937,000 after purchasing an additional 1,612,810 shares during the period. Fourpath Capital Management LLC bought a new position in Federated Hermes U.S. Strategic Dividend ETF during the 2nd quarter worth about $11,406,000. Great Valley Advisor Group Inc. increased its holdings in Federated Hermes U.S. Strategic Dividend ETF by 14.5% during the second quarter. Great Valley Advisor Group Inc. now owns 1,526,881 shares of the company’s stock valued at $41,929,000 after buying an additional 193,484 shares during the period. Cetera Investment Advisers lifted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 67.3% during the 2nd quarter. Cetera Investment Advisers now owns 187,410 shares of the company’s stock worth $5,146,000 after purchasing an additional 75,419 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 15.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 481,953 shares of the company’s stock worth $13,234,000 after acquiring an additional 65,362 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

Shares of NYSEARCA:FDV opened at $30.26 on Monday. The firm has a market capitalization of $602.17 million, a P/E ratio of 16.95 and a beta of 0.63. Federated Hermes U.S. Strategic Dividend ETF has a 1 year low of $24.39 and a 1 year high of $30.33. The business’s 50-day moving average is $29.07 and its 200 day moving average is $28.66.

Federated Hermes U.S. Strategic Dividend ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Friday, January 30th will be given a dividend of $0.0696 per share. The ex-dividend date is Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 2.8%.

Federated Hermes U.S. Strategic Dividend ETF Company Profile

(Free Report)

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. FDV was launched on Nov 15, 2022 and is managed by Federated Hermes.