Concourse Financial Group Securities Inc. Buys Shares of 965 Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Concourse Financial Group Securities Inc. purchased a new stake in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 965 shares of the company’s stock, valued at approximately $27,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Priebe Wealth Holdings LLC lifted its position in Federated Hermes U.S. Strategic Dividend ETF by 2.2% in the second quarter. Priebe Wealth Holdings LLC now owns 23,725 shares of the company’s stock valued at $589,000 after buying an additional 500 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 6.5% in the 2nd quarter. Truist Financial Corp now owns 23,255 shares of the company’s stock worth $578,000 after acquiring an additional 1,414 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 191,217 shares of the company’s stock worth $4,751,000 after purchasing an additional 2,290 shares during the period. Commonwealth Equity Services LLC increased its holdings in Federated Hermes U.S. Strategic Dividend ETF by 15.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 17,695 shares of the company’s stock valued at $440,000 after purchasing an additional 2,405 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Federated Hermes U.S. Strategic Dividend ETF by 1.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 375,584 shares of the company’s stock valued at $9,495,000 after purchasing an additional 4,378 shares during the period.

Federated Hermes U.S. Strategic Dividend ETF Stock Up 0.1 %

FDV opened at $28.08 on Thursday. Federated Hermes U.S. Strategic Dividend ETF has a 52 week low of $21.32 and a 52 week high of $28.35. The business has a fifty day simple moving average of $27.50 and a 200-day simple moving average of $25.94. The firm has a market cap of $109.52 million, a P/E ratio of 14.90 and a beta of 0.60.

Federated Hermes U.S. Strategic Dividend ETF 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.