Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) Stock Position Increased by Ascension Capital Advisors Inc.

Ascension Capital Advisors Inc. increased its stake in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 8.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,072,643 shares of the company’s stock after purchasing an additional 81,360 shares during the period. Federated Hermes U.S. Strategic Dividend ETF makes up 14.0% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 2nd largest holding. Ascension Capital Advisors Inc. owned 27.50% of Federated Hermes U.S. Strategic Dividend ETF worth $29,937,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. bought a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF during the 3rd quarter valued at about $27,000. NBC Securities Inc. bought a new stake in Federated Hermes U.S. Strategic Dividend ETF during the third quarter valued at approximately $195,000. Kingswood Wealth Advisors LLC increased its holdings in Federated Hermes U.S. Strategic Dividend ETF by 64.6% during the second quarter. Kingswood Wealth Advisors LLC now owns 15,050 shares of the company’s stock valued at $374,000 after buying an additional 5,908 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Federated Hermes U.S. Strategic Dividend ETF by 15.7% in the second quarter. Commonwealth Equity Services LLC now owns 17,695 shares of the company’s stock worth $440,000 after acquiring an additional 2,405 shares during the period. Finally, Truist Financial Corp boosted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 6.5% during the 2nd quarter. Truist Financial Corp now owns 23,255 shares of the company’s stock worth $578,000 after acquiring an additional 1,414 shares during the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

NYSEARCA:FDV opened at $28.20 on Thursday. Federated Hermes U.S. Strategic Dividend ETF has a one year low of $21.94 and a one year high of $28.35. The business has a fifty day moving average price of $27.71 and a 200-day moving average price of $26.21. The firm has a market capitalization of $109.98 million, a price-to-earnings ratio of 14.90 and a beta of 0.60.

Federated Hermes U.S. Strategic Dividend ETF Profile

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.