Platform Technology Partners Purchases 49,343 Shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB)

Platform Technology Partners lifted its position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 33.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 195,687 shares of the company’s stock after buying an additional 49,343 shares during the period. Federated Hermes Total Return Bond ETF accounts for 1.5% of Platform Technology Partners’ portfolio, making the stock its 12th biggest position. Platform Technology Partners owned about 0.06% of Federated Hermes Total Return Bond ETF worth $4,830,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in FTRB. Custom Index Systems LLC purchased a new position in shares of Federated Hermes Total Return Bond ETF in the 3rd quarter valued at $3,198,000. Jane Street Group LLC bought a new stake in Federated Hermes Total Return Bond ETF during the third quarter valued at about $2,804,000. RMR Wealth Builders boosted its position in Federated Hermes Total Return Bond ETF by 79.0% during the fourth quarter. RMR Wealth Builders now owns 111,964 shares of the company’s stock valued at $2,763,000 after purchasing an additional 49,422 shares in the last quarter. Hills Bank & Trust Co grew its stake in Federated Hermes Total Return Bond ETF by 2.7% in the third quarter. Hills Bank & Trust Co now owns 1,514,055 shares of the company’s stock valued at $39,063,000 after purchasing an additional 40,110 shares during the last quarter. Finally, Claro Advisors LLC raised its holdings in Federated Hermes Total Return Bond ETF by 188.3% in the third quarter. Claro Advisors LLC now owns 49,008 shares of the company’s stock worth $1,264,000 after purchasing an additional 32,008 shares in the last quarter.

Federated Hermes Total Return Bond ETF Stock Performance

NYSEARCA:FTRB opened at $24.73 on Friday. The company’s 50-day simple moving average is $24.79 and its 200-day simple moving average is $25.20. Federated Hermes Total Return Bond ETF has a fifty-two week low of $24.19 and a fifty-two week high of $26.24.

Federated Hermes Total Return Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a $0.0775 dividend. The ex-dividend date of this dividend was Friday, January 31st.

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.