Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 30.2% in the third quarter, Holdings Channel reports. The institutional investor owned 189,315 shares of the company’s stock after buying an additional 43,860 shares during the quarter. Private Advisor Group LLC’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $5,284,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FDV. Concourse Financial Group Securities Inc. acquired a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF during the third quarter worth approximately $27,000. NBC Securities Inc. acquired a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF during the third quarter worth approximately $195,000. Kingswood Wealth Advisors LLC acquired a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF during the first quarter worth approximately $231,000. Commonwealth Equity Services LLC grew its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 15.7% during the second quarter. Commonwealth Equity Services LLC now owns 17,695 shares of the company’s stock worth $440,000 after buying an additional 2,405 shares in the last quarter. Finally, Truist Financial Corp grew its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 6.5% during the second quarter. Truist Financial Corp now owns 23,255 shares of the company’s stock worth $578,000 after buying an additional 1,414 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Trading Down 1.0 %

FDV stock opened at $27.79 on Friday. Federated Hermes U.S. Strategic Dividend ETF has a twelve month low of $21.32 and a twelve month high of $28.35. The company has a market capitalization of $108.37 million, a P/E ratio of 14.90 and a beta of 0.60. The firm has a 50 day simple moving average of $27.59 and a 200-day simple moving average of $26.00.

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.