Sanctuary Advisors LLC Takes $333,000 Position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB)

Sanctuary Advisors LLC purchased a new stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 13,472 shares of the company’s stock, valued at approximately $333,000. Sanctuary Advisors LLC owned about 0.38% of Federated Hermes Total Return Bond ETF at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. OLD Second National Bank of Aurora grew its stake in Federated Hermes Total Return Bond ETF by 88.5% during the 4th quarter. OLD Second National Bank of Aurora now owns 10,193 shares of the company’s stock worth $252,000 after buying an additional 4,786 shares during the last quarter. Claro Advisors LLC boosted its position in Federated Hermes Total Return Bond ETF by 5.9% during the 3rd quarter. Claro Advisors LLC now owns 18,000 shares of the company’s stock worth $464,000 after acquiring an additional 1,000 shares during the period. Hilltop Holdings Inc. acquired a new position in Federated Hermes Total Return Bond ETF during the 3rd quarter worth $473,000. Janney Montgomery Scott LLC boosted its position in Federated Hermes Total Return Bond ETF by 13.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 25,614 shares of the company’s stock worth $632,000 after acquiring an additional 3,128 shares during the period. Finally, River Street Advisors LLC boosted its position in Federated Hermes Total Return Bond ETF by 18.7% during the 3rd quarter. River Street Advisors LLC now owns 38,773 shares of the company’s stock worth $1,000,000 after acquiring an additional 6,122 shares during the period.

Federated Hermes Total Return Bond ETF Stock Performance

Shares of FTRB stock opened at $25.22 on Tuesday. Federated Hermes Total Return Bond ETF has a 1 year low of $24.19 and a 1 year high of $26.24. The stock has a fifty day moving average of $24.74 and a two-hundred day moving average of $25.16. The firm has a market capitalization of $244.63 million, a PE ratio of 8.01 and a beta of 0.09.

Federated Hermes Total Return Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were given a dividend of $0.0775 per share. 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.