123,961 Shares in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) Purchased by Custom Index Systems LLC

Custom Index Systems LLC acquired a new stake in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 123,961 shares of the company’s stock, valued at approximately $3,198,000. Federated Hermes Total Return Bond ETF makes up approximately 1.7% of Custom Index Systems LLC’s portfolio, making the stock its 5th biggest holding. Custom Index Systems LLC owned about 3.54% of Federated Hermes Total Return Bond ETF as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of FTRB. Hills Bank & Trust Co acquired a new position in Federated Hermes Total Return Bond ETF during the 2nd quarter valued at about $36,524,000. Cetera Investment Advisers lifted its holdings in Federated Hermes Total Return Bond ETF by 9.8% in the second quarter. Cetera Investment Advisers now owns 269,609 shares of the company’s stock valued at $6,681,000 after buying an additional 24,026 shares during the period. Schneider Downs Wealth Management Advisors LP boosted its stake in Federated Hermes Total Return Bond ETF by 412.6% in the second quarter. Schneider Downs Wealth Management Advisors LP now owns 240,796 shares of the company’s stock valued at $5,967,000 after acquiring an additional 193,819 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Federated Hermes Total Return Bond ETF by 9.7% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 171,117 shares of the company’s stock worth $4,240,000 after acquiring an additional 15,169 shares during the period. Finally, Claro Advisors LLC grew its holdings in Federated Hermes Total Return Bond ETF by 188.3% during the 3rd quarter. Claro Advisors LLC now owns 49,008 shares of the company’s stock worth $1,264,000 after acquiring an additional 32,008 shares during the period.

Federated Hermes Total Return Bond ETF Stock Performance

Shares of FTRB stock traded down $0.04 during trading hours on Friday, reaching $25.18. The company had a trading volume of 19,252 shares, compared to its average volume of 60,524. Federated Hermes Total Return Bond ETF has a 1-year low of $24.19 and a 1-year high of $26.79. The company has a 50 day moving average of $25.66 and a 200 day moving average of $25.10.

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.