Retirement Planning Group LLC Increases Stake in Federated Hermes Total Return Bond ETF $FTRB

Retirement Planning Group LLC grew its holdings in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 7.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 989,679 shares of the company’s stock after acquiring an additional 70,999 shares during the period. Federated Hermes Total Return Bond ETF accounts for 0.8% of Retirement Planning Group LLC’s portfolio, making the stock its 21st largest holding. Retirement Planning Group LLC owned 6.00% of Federated Hermes Total Return Bond ETF worth $25,128,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of FTRB. Towerpoint Wealth LLC grew its position in shares of Federated Hermes Total Return Bond ETF by 23.3% during the 4th quarter. Towerpoint Wealth LLC now owns 12,045 shares of the company’s stock valued at $306,000 after acquiring an additional 2,274 shares during the period. Kestra Private Wealth Services LLC raised its holdings in Federated Hermes Total Return Bond ETF by 6.3% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 56,168 shares of the company’s stock worth $1,426,000 after purchasing an additional 3,324 shares during the period. Semmax Financial Advisors Inc. purchased a new position in Federated Hermes Total Return Bond ETF during the second quarter valued at $123,000. River Street Advisors LLC lifted its position in Federated Hermes Total Return Bond ETF by 10.3% during the fourth quarter. River Street Advisors LLC now owns 60,416 shares of the company’s stock valued at $1,534,000 after purchasing an additional 5,626 shares in the last quarter. Finally, Prosperity Financial Group Inc. grew its holdings in Federated Hermes Total Return Bond ETF by 23.9% during the third quarter. Prosperity Financial Group Inc. now owns 38,846 shares of the company’s stock valued at $986,000 after purchasing an additional 7,500 shares during the period.

Federated Hermes Total Return Bond ETF Stock Up 0.4%

Shares of FTRB opened at $25.22 on Thursday. The business has a 50-day simple moving average of $25.30 and a two-hundred day simple moving average of $25.43. Federated Hermes Total Return Bond ETF has a 52 week low of $24.62 and a 52 week high of $25.84. The stock has a market cap of $484.22 million, a price-to-earnings ratio of 8.09 and a beta of 0.12.

Federated Hermes Total Return Bond ETF Company 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. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.