Federated Hermes Total Return Bond ETF $FTRB Position Increased by Prosperity Financial Group Inc.

Prosperity Financial Group Inc. increased its stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 7.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,346 shares of the company’s stock after purchasing an additional 2,043 shares during the period. Prosperity Financial Group Inc. owned 0.25% of Federated Hermes Total Return Bond ETF worth $787,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. CWM LLC bought a new stake in Federated Hermes Total Return Bond ETF during the 2nd quarter valued at $33,000. Firethorn Wealth Partners LLC raised its stake in Federated Hermes Total Return Bond ETF by 16.1% during the 2nd quarter. Firethorn Wealth Partners LLC now owns 21,274 shares of the company’s stock valued at $534,000 after acquiring an additional 2,943 shares in the last quarter. River Street Advisors LLC raised its stake in Federated Hermes Total Return Bond ETF by 18.3% during the 2nd quarter. River Street Advisors LLC now owns 52,121 shares of the company’s stock valued at $1,308,000 after acquiring an additional 8,066 shares in the last quarter. OLD Second National Bank of Aurora raised its stake in Federated Hermes Total Return Bond ETF by 4.9% during the 2nd quarter. OLD Second National Bank of Aurora now owns 12,548 shares of the company’s stock valued at $315,000 after acquiring an additional 581 shares in the last quarter. Finally, Truist Financial Corp bought a new stake in Federated Hermes Total Return Bond ETF during the 2nd quarter valued at $4,184,000.

Federated Hermes Total Return Bond ETF Price Performance

Shares of Federated Hermes Total Return Bond ETF stock opened at $25.70 on Thursday. The business’s fifty day moving average price is $25.43 and its two-hundred day moving average price is $25.10. The company has a market capitalization of $341.81 million, a P/E ratio of 8.09 and a beta of 0.09. Federated Hermes Total Return Bond ETF has a 1-year low of $24.30 and a 1-year 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.