Rockefeller Capital Management L.P. Purchases 122,013 Shares of Federated Hermes U.S. Strategic Dividend ETF $FDV

Rockefeller Capital Management L.P. boosted its position in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 60.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 324,110 shares of the company’s stock after purchasing an additional 122,013 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $9,273,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. HighTower Advisors LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 21,723 shares of the company’s stock worth $622,000 after purchasing an additional 357 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in Federated Hermes U.S. Strategic Dividend ETF by 0.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 43,503 shares of the company’s stock valued at $1,245,000 after buying an additional 390 shares during the period. Kingswood Wealth Advisors LLC grew its position in Federated Hermes U.S. Strategic Dividend ETF by 4.4% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 11,950 shares of the company’s stock worth $342,000 after buying an additional 508 shares in the last quarter. Colonial Trust Co SC purchased a new position in Federated Hermes U.S. Strategic Dividend ETF during the third quarter worth about $50,000. Finally, Private Advisor Group LLC increased its stake in Federated Hermes U.S. Strategic Dividend ETF by 1.3% in the 3rd quarter. Private Advisor Group LLC now owns 168,951 shares of the company’s stock worth $4,835,000 after acquiring an additional 2,097 shares during the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Up 0.4%

NYSEARCA:FDV opened at $31.66 on Friday. The business’s 50-day moving average price is $31.25 and its two-hundred day moving average price is $30.63. Federated Hermes U.S. Strategic Dividend ETF has a twelve month low of $27.28 and a twelve month high of $35.11. The stock has a market cap of $753.51 million, a P/E ratio of 16.95 and a beta of 0.51.

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