Hills Bank & Trust Co Makes New Investment in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB)

Hills Bank & Trust Co bought a new position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,473,945 shares of the company’s stock, valued at approximately $36,524,000. Federated Hermes Total Return Bond ETF comprises about 3.0% of Hills Bank & Trust Co’s portfolio, making the stock its 9th largest position. Hills Bank & Trust Co owned 0.42% of Federated Hermes Total Return Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC raised its stake in shares of Federated Hermes Total Return Bond ETF by 23.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 18,008 shares of the company’s stock worth $446,000 after buying an additional 3,419 shares during the last quarter. OLD Second National Bank of Aurora bought a new stake in shares of Federated Hermes Total Return Bond ETF during the first quarter worth approximately $96,000. Cetera Investment Advisers bought a new stake in shares of Federated Hermes Total Return Bond ETF during the first quarter worth approximately $6,120,000. River Street Advisors LLC bought a new stake in shares of Federated Hermes Total Return Bond ETF during the first quarter worth approximately $750,000. Finally, Schneider Downs Wealth Management Advisors LP bought a new stake in shares of Federated Hermes Total Return Bond ETF during the first quarter worth approximately $1,171,000.

Federated Hermes Total Return Bond ETF Trading Up 0.4 %

Shares of FTRB traded up $0.11 on Friday, reaching $25.72. 12,730 shares of the company’s stock were exchanged, compared to its average volume of 36,056. The business has a 50 day moving average price of $25.13 and a two-hundred day moving average price of $24.84. Federated Hermes Total Return Bond ETF has a 12 month low of $24.19 and a 12 month high of $26.79.

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.