Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) Shares Bought by Truist Financial Corp

Truist Financial Corp lifted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 6.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,255 shares of the company’s stock after acquiring an additional 1,414 shares during the quarter. Truist Financial Corp owned about 0.60% of Federated Hermes U.S. Strategic Dividend ETF worth $578,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Lantz Financial LLC grew its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 28.3% in the 1st quarter. Lantz Financial LLC now owns 128,860 shares of the company’s stock worth $3,258,000 after acquiring an additional 28,406 shares during the last quarter. Priebe Wealth Holdings LLC lifted its position in Federated Hermes U.S. Strategic Dividend ETF by 5.4% in the 1st quarter. Priebe Wealth Holdings LLC now owns 23,225 shares of the company’s stock worth $587,000 after buying an additional 1,200 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF during the 1st quarter valued at $231,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 375,584 shares of the company’s stock valued at $9,495,000 after acquiring an additional 4,378 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 27.7% in the first quarter. Private Advisor Group LLC now owns 156,621 shares of the company’s stock worth $3,959,000 after acquiring an additional 33,942 shares during the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Trading Up 0.2 %

FDV opened at $28.02 on Wednesday. Federated Hermes U.S. Strategic Dividend ETF has a 1 year low of $21.32 and a 1 year high of $28.27. The stock has a fifty day moving average price of $27.29 and a 200 day moving average price of $25.82. The stock has a market cap of $109.29 million, a price-to-earnings ratio of 14.90 and a beta of 0.60.

About Federated Hermes U.S. Strategic Dividend ETF

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.