Lantz Financial LLC Has $11.25 Million Stake in Federated Hermes U.S. Strategic Dividend ETF $FDV

Lantz Financial LLC lifted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDVFree Report) by 15.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 393,055 shares of the company’s stock after purchasing an additional 52,130 shares during the quarter. Federated Hermes U.S. Strategic Dividend ETF comprises 2.4% of Lantz Financial LLC’s portfolio, making the stock its 7th largest position. Lantz Financial LLC owned approximately 1.96% of Federated Hermes U.S. Strategic Dividend ETF worth $11,245,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Colonial Trust Co SC bought a new position in Federated Hermes U.S. Strategic Dividend ETF during the 3rd quarter worth $50,000. Comerica Bank bought a new stake in Federated Hermes U.S. Strategic Dividend ETF in the third quarter valued at $100,000. Gateway Wealth Partners LLC lifted its stake in Federated Hermes U.S. Strategic Dividend ETF by 4.7% in the second quarter. Gateway Wealth Partners LLC now owns 11,402 shares of the company’s stock valued at $313,000 after buying an additional 508 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 15.2% during the third quarter. Kingswood Wealth Advisors LLC now owns 11,442 shares of the company’s stock valued at $327,000 after acquiring an additional 1,508 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 29.3% during the second quarter. Bank of America Corp DE now owns 11,759 shares of the company’s stock valued at $323,000 after acquiring an additional 2,664 shares during the period.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

FDV stock opened at $30.53 on Monday. The stock has a market cap of $601.44 million, a PE ratio of 16.95 and a beta of 0.63. The firm’s 50-day simple moving average is $30.98 and its 200 day simple moving average is $29.47. Federated Hermes U.S. Strategic Dividend ETF has a fifty-two week low of $24.39 and a fifty-two week high of $35.11.

Federated Hermes U.S. Strategic Dividend ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were given a $0.0624 dividend. The ex-dividend date was Friday, February 27th. This represents a c) annualized dividend and a yield of 2.5%.

Federated Hermes U.S. Strategic Dividend ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

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