Schneider Downs Wealth Management Advisors LP Cuts Position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB)

Schneider Downs Wealth Management Advisors LP lowered its position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 11.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 212,925 shares of the company’s stock after selling 27,871 shares during the quarter. Federated Hermes Total Return Bond ETF makes up about 1.1% of Schneider Downs Wealth Management Advisors LP’s holdings, making the stock its 21st biggest holding. Schneider Downs Wealth Management Advisors LP owned about 6.08% of Federated Hermes Total Return Bond ETF worth $5,493,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. River Street Advisors LLC lifted its position in shares of Federated Hermes Total Return Bond ETF by 18.7% during the 3rd quarter. River Street Advisors LLC now owns 38,773 shares of the company’s stock worth $1,000,000 after purchasing an additional 6,122 shares during the last quarter. Platform Technology Partners increased its holdings in shares of Federated Hermes Total Return Bond ETF by 52.9% in the 3rd quarter. Platform Technology Partners now owns 146,344 shares of the company’s stock valued at $3,776,000 after acquiring an additional 50,641 shares during the last quarter. Hills Bank & Trust Co lifted its stake in Federated Hermes Total Return Bond ETF by 2.7% during the third quarter. Hills Bank & Trust Co now owns 1,514,055 shares of the company’s stock worth $39,063,000 after purchasing an additional 40,110 shares during the last quarter. Twin Peaks Wealth Advisors LLC lifted its stake in Federated Hermes Total Return Bond ETF by 5.7% during the third quarter. Twin Peaks Wealth Advisors LLC now owns 11,375 shares of the company’s stock worth $293,000 after purchasing an additional 609 shares during the last quarter. Finally, Custom Index Systems LLC acquired a new position in Federated Hermes Total Return Bond ETF in the third quarter valued at approximately $3,198,000.

Federated Hermes Total Return Bond ETF Price Performance

FTRB stock opened at $24.91 on Friday. Federated Hermes Total Return Bond ETF has a twelve month low of $24.19 and a twelve month high of $26.79. The company’s 50 day moving average is $25.47 and its two-hundred day moving average is $25.16.

About Federated Hermes Total Return Bond ETF

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.