Firethorn Wealth Partners LLC Has $534,000 Stock Holdings in Federated Hermes Total Return Bond ETF $FTRB

Firethorn Wealth Partners LLC raised its position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 16.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 21,274 shares of the company’s stock after purchasing an additional 2,943 shares during the period. Firethorn Wealth Partners LLC’s holdings in Federated Hermes Total Return Bond ETF were worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of FTRB. Broadway Wealth Solutions Inc. increased its position in shares of Federated Hermes Total Return Bond ETF by 10.8% during the first quarter. Broadway Wealth Solutions Inc. now owns 835,530 shares of the company’s stock valued at $20,930,000 after purchasing an additional 81,187 shares during the period. Wesbanco Bank Inc. acquired a new stake in Federated Hermes Total Return Bond ETF during the first quarter worth $371,000. RMR Wealth Builders increased its holdings in Federated Hermes Total Return Bond ETF by 8.2% in the 1st quarter. RMR Wealth Builders now owns 121,108 shares of the company’s stock valued at $3,044,000 after buying an additional 9,144 shares during the period. River Street Advisors LLC raised its stake in shares of Federated Hermes Total Return Bond ETF by 4.0% in the 1st quarter. River Street Advisors LLC now owns 44,055 shares of the company’s stock valued at $1,104,000 after buying an additional 1,687 shares in the last quarter. Finally, OLD Second National Bank of Aurora raised its stake in shares of Federated Hermes Total Return Bond ETF by 17.4% in the 1st quarter. OLD Second National Bank of Aurora now owns 11,967 shares of the company’s stock valued at $300,000 after buying an additional 1,774 shares in the last quarter.

Federated Hermes Total Return Bond ETF Stock Performance

Shares of Federated Hermes Total Return Bond ETF stock opened at $25.45 on Friday. The firm’s 50-day simple moving average is $25.32 and its 200-day simple moving average is $25.06. Federated Hermes Total Return Bond ETF has a twelve month low of $24.30 and a twelve month high of $25.84. The firm has a market cap of $338.49 million, a P/E ratio of 8.09 and a beta of 0.09.

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.