Aurora Private Wealth Inc. Invests $562,000 in Federated Hermes Total Return Bond ETF $FTRB

Aurora Private Wealth Inc. purchased a new position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) during the fourth quarter, HoldingsChannel reports. The firm purchased 22,144 shares of the company’s stock, valued at approximately $562,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of FTRB. Semmax Financial Advisors Inc. purchased a new position in shares of Federated Hermes Total Return Bond ETF in the 2nd quarter worth $123,000. Towerpoint Wealth LLC boosted its stake in shares of Federated Hermes Total Return Bond ETF by 23.3% in the 4th quarter. Towerpoint Wealth LLC now owns 12,045 shares of the company’s stock worth $306,000 after buying an additional 2,274 shares during the last quarter. First Citizens Financial Corp purchased a new position in shares of Federated Hermes Total Return Bond ETF in the 4th quarter worth $494,000. Wesbanco Bank Inc. boosted its stake in shares of Federated Hermes Total Return Bond ETF by 72.6% in the 3rd quarter. Wesbanco Bank Inc. now owns 36,315 shares of the company’s stock worth $922,000 after buying an additional 15,272 shares during the last quarter. Finally, Prosperity Financial Group Inc. boosted its stake in shares of Federated Hermes Total Return Bond ETF by 23.9% in the 3rd quarter. Prosperity Financial Group Inc. now owns 38,846 shares of the company’s stock worth $986,000 after buying an additional 7,500 shares during the last quarter.

Federated Hermes Total Return Bond ETF Price Performance

FTRB stock opened at $25.18 on Friday. The company has a market cap of $483.46 million, a P/E ratio of 8.09 and a beta of 0.12. Federated Hermes Total Return Bond ETF has a 1 year low of $24.62 and a 1 year high of $25.84. The stock’s fifty day moving average price is $25.32 and its 200-day moving average price is $25.44.

About Federated Hermes Total Return Bond ETF

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. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.