Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) Stock Short Interest Report for September

Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 101,773 shares, a growth of 196.7% from the September 15th total of 34,304 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 190,560 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Federated Hermes U.S. Strategic Dividend ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in Federated Hermes U.S. Strategic Dividend ETF by 16.8% in the second quarter. Envestnet Asset Management Inc. now owns 943,476 shares of the company’s stock worth $29,616,000 after acquiring an additional 135,486 shares in the last quarter. Integrated Wealth Concepts LLC grew its stake in Federated Hermes U.S. Strategic Dividend ETF by 5.0% in the second quarter. Integrated Wealth Concepts LLC now owns 304,946 shares of the company’s stock valued at $9,572,000 after acquiring an additional 14,619 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 9.1% during the second quarter. NewEdge Advisors LLC now owns 298,526 shares of the company’s stock valued at $9,371,000 after acquiring an additional 24,800 shares in the last quarter. Citadel Advisors LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 34.7% during the second quarter. Citadel Advisors LLC now owns 14,993 shares of the company’s stock valued at $471,000 after acquiring an additional 3,860 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 3.7% during the second quarter. Wealthcare Advisory Partners LLC now owns 74,620 shares of the company’s stock valued at $2,342,000 after acquiring an additional 2,655 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Trading Up 0.3%

FDV opened at $32.44 on Wednesday. Federated Hermes U.S. Strategic Dividend ETF has a 1-year low of $27.76 and a 1-year high of $35.11. The company has a market cap of $924.54 million, a P/E ratio of 16.95 and a beta of 0.51. The company has a fifty day moving average price of $32.89 and a two-hundred day moving average price of $32.02.

Federated Hermes U.S. Strategic Dividend ETF Company 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. FDV was launched on Nov 15, 2022 and is managed by Federated Hermes.