Hills Bank & Trust Co increased its position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB – Free Report) by 4.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,638,018 shares of the company’s stock after purchasing an additional 107,391 shares during the period. Federated Hermes Total Return Bond ETF accounts for 3.9% of Hills Bank & Trust Co’s portfolio, making the stock its 5th biggest position. Hills Bank & Trust Co owned approximately 15.99% of Federated Hermes Total Return Bond ETF worth $66,979,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTRB. Raymond James Financial Inc. grew its stake in Federated Hermes Total Return Bond ETF by 1,493.6% in the second quarter. Raymond James Financial Inc. now owns 890,977 shares of the company’s stock worth $22,364,000 after purchasing an additional 835,066 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Federated Hermes Total Return Bond ETF by 250.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 149,851 shares of the company’s stock worth $3,809,000 after acquiring an additional 107,089 shares in the last quarter. Allegheny Financial Group boosted its holdings in Federated Hermes Total Return Bond ETF by 32.2% in the fourth quarter. Allegheny Financial Group now owns 335,158 shares of the company’s stock worth $8,510,000 after acquiring an additional 81,658 shares in the last quarter. Retirement Planning Group LLC boosted its holdings in Federated Hermes Total Return Bond ETF by 7.7% in the fourth quarter. Retirement Planning Group LLC now owns 989,679 shares of the company’s stock worth $25,128,000 after acquiring an additional 70,999 shares in the last quarter. Finally, Broadway Wealth Solutions Inc. boosted its holdings in Federated Hermes Total Return Bond ETF by 6.1% in the fourth quarter. Broadway Wealth Solutions Inc. now owns 1,036,532 shares of the company’s stock worth $26,318,000 after acquiring an additional 59,699 shares in the last quarter.
Federated Hermes Total Return Bond ETF Trading Down 0.6%
Federated Hermes Total Return Bond ETF stock opened at $24.92 on Friday. The business’s fifty day simple moving average is $25.22 and its two-hundred day simple moving average is $25.40. Federated Hermes Total Return Bond ETF has a 12 month low of $24.62 and a 12 month high of $25.84. The company has a market capitalization of $478.46 million, a price-to-earnings ratio of 8.09 and a beta of 0.12.
Federated Hermes Total Return Bond ETF Profile
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.
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