GTS Financial LLC acquired a new position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 500,936 shares of the company’s stock, valued at approximately $12,548,000. Federated Hermes Total Return Bond ETF comprises approximately 9.1% of GTS Financial LLC’s portfolio, making the stock its 3rd largest position.
Other institutional investors and hedge funds have also bought and sold shares of the company. Motco raised its stake in 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 purchasing an additional 770 shares during the last quarter. Semmax Financial Advisors Inc. bought a new stake in Federated Hermes Total Return Bond ETF in the 2nd quarter valued at $123,000. Atlas Wealth LLC acquired a new stake in Federated Hermes Total Return Bond ETF in the 4th quarter worth $202,000. Index Technologies Group LLC acquired a new stake in Federated Hermes Total Return Bond ETF in the 4th quarter worth $229,000. Finally, First United Bank & Trust bought a new position in shares of Federated Hermes Total Return Bond ETF during the 1st quarter worth about $254,000.
Federated Hermes Total Return Bond ETF Stock Performance
NYSEARCA:FTRB opened at $24.82 on Friday. The firm’s 50-day moving average is $25.03 and its 200-day moving average is $25.22. The company has a market cap of $598.16 million, a price-to-earnings ratio of 8.09 and a beta of 0.11. Federated Hermes Total Return Bond ETF has a 52-week low of $24.73 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.
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