Federated Hermes Total Return Bond ETF $FTRB Stock: Platform Technology Partners Increases Holdings

Platform Technology Partners raised its stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 7.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 593,682 shares of the company’s stock after purchasing an additional 39,637 shares during the quarter. Federated Hermes Total Return Bond ETF comprises about 2.2% of Platform Technology Partners’ investment portfolio, making the stock its 7th biggest position. Platform Technology Partners’ holdings in Federated Hermes Total Return Bond ETF were worth $14,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Broadway Wealth Solutions Inc. lifted its stake in shares of Federated Hermes Total Return Bond ETF by 5.7% during the third quarter. Broadway Wealth Solutions Inc. now owns 1,229,917 shares of the company’s stock worth $29,457,000 after purchasing an additional 66,091 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Federated Hermes Total Return Bond ETF by 8.4% in the second quarter. Envestnet Asset Management Inc. now owns 874,340 shares of the company’s stock worth $21,942,000 after buying an additional 67,693 shares during the period. Wilkerson Advisory Group LLC grew its stake in shares of Federated Hermes Total Return Bond ETF by 6.8% in the first quarter. Wilkerson Advisory Group LLC now owns 594,257 shares of the company’s stock valued at $14,943,000 after buying an additional 37,775 shares in the last quarter. GTS Financial LLC acquired a new stake in shares of Federated Hermes Total Return Bond ETF in the first quarter valued at about $12,548,000. Finally, Beaumont Financial Advisors LLC grew its stake in shares of Federated Hermes Total Return Bond ETF by 191.0% in the first quarter. Beaumont Financial Advisors LLC now owns 274,316 shares of the company’s stock valued at $6,898,000 after buying an additional 180,035 shares in the last quarter.

Federated Hermes Total Return Bond ETF Stock Performance

Shares of NYSEARCA:FTRB opened at $24.51 on Friday. The company has a market cap of $725.50 million, a P/E ratio of 8.09 and a beta of 0.12. Federated Hermes Total Return Bond ETF has a one year low of $23.86 and a one year high of $25.79. The business’s 50-day simple moving average is $24.34 and its 200 day simple moving average is $24.95.

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.