Ascension Capital Advisors Inc. Buys 7,367 Shares of Federated Hermes U.S. Strategic Dividend ETF $FDV

Ascension Capital Advisors Inc. lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 0.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 1,127,603 shares of the company’s stock after buying an additional 7,367 shares during the period. Federated Hermes U.S. Strategic Dividend ETF makes up 12.9% of Ascension Capital Advisors Inc.’s holdings, making the stock its 2nd largest holding. Ascension Capital Advisors Inc. owned approximately 0.08% of Federated Hermes U.S. Strategic Dividend ETF worth $30,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC raised its holdings in Federated Hermes U.S. Strategic Dividend ETF by 8.3% during the second quarter. Kingswood Wealth Advisors LLC now owns 9,934 shares of the company’s stock worth $273,000 after purchasing an additional 758 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 3.3% in the second quarter. Wealthcare Advisory Partners LLC now owns 42,108 shares of the company’s stock valued at $1,156,000 after buying an additional 1,327 shares in the last quarter. Capital Analysts LLC raised its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 29.9% during the 1st quarter. Capital Analysts LLC now owns 6,553 shares of the company’s stock worth $185,000 after buying an additional 1,507 shares during the last quarter. Claro Advisors LLC raised its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 13.0% during the 2nd quarter. Claro Advisors LLC now owns 19,310 shares of the company’s stock worth $530,000 after buying an additional 2,225 shares during the last quarter. Finally, HighTower Advisors LLC boosted its position 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 worth $431,000 after buying an additional 4,014 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

Shares of NYSEARCA FDV opened at $28.28 on Monday. The firm’s 50-day moving average is $28.49 and its two-hundred day moving average is $27.96. The company has a market capitalization of $469.45 million, a PE ratio of 16.95 and a beta of 0.63. Federated Hermes U.S. Strategic Dividend ETF has a 12-month low of $24.39 and a 12-month high of $29.80.

About Federated Hermes U.S. Strategic Dividend ETF

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.