Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) Shares Bought by Twin Peaks Wealth Advisors LLC

Twin Peaks Wealth Advisors LLC boosted its holdings in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 134.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,618 shares of the company’s stock after buying an additional 15,243 shares during the quarter. Twin Peaks Wealth Advisors LLC owned 0.76% of Federated Hermes Total Return Bond ETF worth $657,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Hills Bank & Trust Co lifted its holdings in Federated Hermes Total Return Bond ETF by 2.7% during the 3rd quarter. Hills Bank & Trust Co now owns 1,514,055 shares of the company’s stock worth $39,063,000 after buying an additional 40,110 shares in the last quarter. Platform Technology Partners lifted its holdings in Federated Hermes Total Return Bond ETF by 33.7% during the 4th quarter. Platform Technology Partners now owns 195,687 shares of the company’s stock worth $4,830,000 after buying an additional 49,343 shares in the last quarter. RMR Wealth Builders lifted its holdings in Federated Hermes Total Return Bond ETF by 79.0% during the 4th quarter. RMR Wealth Builders now owns 111,964 shares of the company’s stock worth $2,763,000 after buying an additional 49,422 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Federated Hermes Total Return Bond ETF in the 3rd quarter valued at $2,804,000. Finally, Beaumont Financial Advisors LLC raised its holdings in shares of Federated Hermes Total Return Bond ETF by 26.0% in the 4th quarter. Beaumont Financial Advisors LLC now owns 78,750 shares of the company’s stock valued at $1,944,000 after purchasing an additional 16,227 shares in the last quarter.

Federated Hermes Total Return Bond ETF Trading Up 1.0 %

Shares of FTRB opened at $25.06 on Tuesday. Federated Hermes Total Return Bond ETF has a twelve month low of $24.19 and a twelve month high of $26.24. The firm’s fifty day simple moving average is $24.70 and its 200-day simple moving average is $25.17. The firm has a market capitalization of $243.08 million, a price-to-earnings ratio of 8.01 and a beta of 0.09.

Federated Hermes Total Return Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were issued a $0.0775 dividend. The ex-dividend date was Friday, January 31st.

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.