1,438,344 Shares in Federated Hermes U.S. Strategic Dividend ETF $FDV Acquired by Ledyard National Bank

Ledyard National Bank acquired a new position in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,438,344 shares of the company’s stock, valued at approximately $33,873,000. Federated Hermes U.S. Strategic Dividend ETF comprises approximately 2.7% of Ledyard National Bank’s holdings, making the stock its 8th biggest position.

Several other large investors have also modified their holdings of FDV. Envestnet Asset Management Inc. boosted its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 16.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 943,476 shares of the company’s stock worth $29,616,000 after buying an additional 135,486 shares during the period. Bank of America Corp DE raised its holdings in Federated Hermes U.S. Strategic Dividend ETF by 8.1% in the 1st quarter. Bank of America Corp DE now owns 505,238 shares of the company’s stock worth $15,561,000 after acquiring an additional 37,803 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Federated Hermes U.S. Strategic Dividend ETF by 5.0% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 304,946 shares of the company’s stock worth $9,572,000 after acquiring an additional 14,619 shares during the period. NewEdge Advisors LLC lifted its position in Federated Hermes U.S. Strategic Dividend ETF by 9.1% during the 2nd quarter. NewEdge Advisors LLC now owns 298,526 shares of the company’s stock worth $9,371,000 after acquiring an additional 24,800 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in Federated Hermes U.S. Strategic Dividend ETF by 60.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 324,110 shares of the company’s stock worth $9,273,000 after acquiring an additional 122,013 shares during the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

Federated Hermes U.S. Strategic Dividend ETF stock opened at $34.30 on Friday. Federated Hermes U.S. Strategic Dividend ETF has a fifty-two week low of $27.76 and a fifty-two week high of $35.11. The firm has a fifty day moving average price of $32.90 and a two-hundred day moving average price of $32.16. The firm has a market cap of $1.00 billion, a price-to-earnings ratio of 16.95 and a beta of 0.51.

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. FDV was launched on Nov 15, 2022 and is managed by Federated Hermes.