Claro Advisors LLC Purchases 2,225 Shares of Federated Hermes U.S. Strategic Dividend ETF $FDV

Claro Advisors LLC raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 13.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,310 shares of the company’s stock after purchasing an additional 2,225 shares during the period. Claro Advisors LLC owned about 0.13% of Federated Hermes U.S. Strategic Dividend ETF worth $530,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Federated Hermes U.S. Strategic Dividend ETF in the 1st quarter valued at $465,000. Envestnet Asset Management Inc. increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 48.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 416,591 shares of the company’s stock valued at $11,731,000 after acquiring an additional 136,479 shares during the period. HighTower Advisors LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 35.6% in the 1st quarter. HighTower Advisors LLC now owns 15,292 shares of the company’s stock valued at $431,000 after acquiring an additional 4,014 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 23.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 61,617 shares of the company’s stock valued at $1,692,000 after acquiring an additional 11,525 shares during the period. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Federated Hermes U.S. Strategic Dividend ETF in the 1st quarter valued at $1,098,000.

Federated Hermes U.S. Strategic Dividend ETF Trading Up 0.7%

Shares of NYSEARCA:FDV opened at $28.11 on Thursday. Federated Hermes U.S. Strategic Dividend ETF has a 12-month low of $24.39 and a 12-month high of $29.80. The business’s fifty day simple moving average is $28.51 and its 200-day simple moving average is $27.92. The company has a market capitalization of $466.63 million, a PE ratio of 16.95 and a beta of 0.63.

Federated Hermes U.S. Strategic Dividend ETF Profile

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.