Beaumont Financial Advisors LLC Acquires 180,035 Shares of Federated Hermes Total Return Bond ETF $FTRB

Beaumont Financial Advisors LLC increased its stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 191.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 274,316 shares of the company’s stock after acquiring an additional 180,035 shares during the period. Beaumont Financial Advisors LLC’s holdings in Federated Hermes Total Return Bond ETF were worth $6,898,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FTRB. Motco increased its stake in Federated Hermes Total Return Bond ETF by 25.3% in the 4th quarter. Motco now owns 3,810 shares of the company’s stock worth $97,000 after buying an additional 770 shares during the period. Semmax Financial Advisors Inc. purchased a new stake in Federated Hermes Total Return Bond ETF in the 2nd quarter valued at about $123,000. Atlas Wealth LLC purchased a new stake in Federated Hermes Total Return Bond ETF in the 4th quarter valued at about $202,000. Index Technologies Group LLC bought a new position in Federated Hermes Total Return Bond ETF in the 4th quarter worth about $229,000. Finally, First United Bank & Trust purchased a new position in shares of Federated Hermes Total Return Bond ETF during the first quarter worth approximately $254,000.

Federated Hermes Total Return Bond ETF Stock Up 0.2%

FTRB opened at $24.97 on Thursday. The stock’s fifty day moving average is $25.07 and its two-hundred day moving average is $25.26. The company has a market capitalization of $594.29 million, a P/E ratio of 8.09 and a beta of 0.11. Federated Hermes Total Return Bond ETF has a 52 week low of $24.78 and a 52 week high of $25.84.

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.