19,141 Shares in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) Purchased by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC purchased a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 19,141 shares of the company’s stock, valued at approximately $509,000. Strategic Financial Concepts LLC owned about 0.49% of Federated Hermes U.S. Strategic Dividend ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates raised its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 408.1% in the third quarter. Raymond James & Associates now owns 429,644 shares of the company’s stock valued at $11,991,000 after acquiring an additional 345,085 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in Federated Hermes U.S. Strategic Dividend ETF by 0.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 136,825 shares of the company’s stock valued at $3,819,000 after purchasing an additional 363 shares during the last quarter. Truist Financial Corp boosted its stake in Federated Hermes U.S. Strategic Dividend ETF by 6.5% in the second quarter. Truist Financial Corp now owns 23,255 shares of the company’s stock worth $578,000 after purchasing an additional 1,414 shares in the last quarter. NBC Securities Inc. bought a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF during the third quarter worth $195,000. Finally, Concourse Financial Group Securities Inc. acquired a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF in the third quarter valued at $27,000.

Federated Hermes U.S. Strategic Dividend ETF Stock Up 0.9 %

Shares of NYSEARCA FDV opened at $27.91 on Wednesday. Federated Hermes U.S. Strategic Dividend ETF has a 12-month low of $23.25 and a 12-month high of $28.66. The firm’s 50-day simple moving average is $27.18 and its 200 day simple moving average is $27.39. The company has a market cap of $108.85 million, a price-to-earnings ratio of 14.90 and a beta of 0.60.

Federated Hermes U.S. Strategic Dividend ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 31st were paid a dividend of $0.0662 per share. This is a boost from Federated Hermes U.S. Strategic Dividend ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Friday, January 31st.

About Federated Hermes U.S. Strategic Dividend ETF

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.