Kingswood Wealth Advisors LLC Invests $231,000 in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Kingswood Wealth Advisors LLC purchased a new stake in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 9,142 shares of the company’s stock, valued at approximately $231,000. Kingswood Wealth Advisors LLC owned approximately 0.35% of Federated Hermes U.S. Strategic Dividend ETF at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of FDV. Priebe Wealth Holdings LLC raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 5.4% in the first quarter. Priebe Wealth Holdings LLC now owns 23,225 shares of the company’s stock valued at $587,000 after buying an additional 1,200 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Federated Hermes U.S. Strategic Dividend ETF by 5.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 33,566 shares of the company’s stock valued at $806,000 after acquiring an additional 1,755 shares during the last quarter. DAVENPORT & Co LLC lifted its stake in Federated Hermes U.S. Strategic Dividend ETF by 34.8% in the 4th quarter. DAVENPORT & Co LLC now owns 16,437 shares of the company’s stock worth $395,000 after purchasing an additional 4,245 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 12.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 44,976 shares of the company’s stock worth $1,080,000 after purchasing an additional 5,014 shares during the last quarter. Finally, Ascension Capital Advisors Inc. grew its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.4% in the fourth quarter. Ascension Capital Advisors Inc. now owns 876,684 shares of the company’s stock valued at $21,049,000 after purchasing an additional 11,949 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Performance

Shares of Federated Hermes U.S. Strategic Dividend ETF stock opened at $24.84 on Friday. The business’s 50 day moving average price is $24.84 and its 200 day moving average price is $24.39. The company has a market cap of $96.89 million, a price-to-earnings ratio of 14.90 and a beta of 0.60. Federated Hermes U.S. Strategic Dividend ETF has a one year low of $21.32 and a one year high of $25.71.

Federated Hermes U.S. Strategic Dividend ETF Company Profile

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.