Federated Hermes U.S. Strategic Dividend ETF $FDV Shares Bought by Lantz Financial LLC

Lantz Financial LLC grew its holdings in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 9.8% during the third quarter, HoldingsChannel reports. The firm owned 340,925 shares of the company’s stock after acquiring an additional 30,508 shares during the period. Federated Hermes U.S. Strategic Dividend ETF comprises about 2.2% of Lantz Financial LLC’s investment portfolio, making the stock its 7th biggest holding. Lantz Financial LLC’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $9,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in FDV. Kingswood Wealth Advisors LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 8.3% in the second quarter. Kingswood Wealth Advisors LLC now owns 9,934 shares of the company’s stock valued at $273,000 after purchasing an additional 758 shares during the last quarter. Gateway Wealth Partners LLC boosted its stake in Federated Hermes U.S. Strategic Dividend ETF by 4.7% during the second quarter. Gateway Wealth Partners LLC now owns 11,402 shares of the company’s stock worth $313,000 after buying an additional 508 shares during the last quarter. Bank of America Corp DE grew its holdings in Federated Hermes U.S. Strategic Dividend ETF by 29.3% in the 2nd quarter. Bank of America Corp DE now owns 11,759 shares of the company’s stock valued at $323,000 after buying an additional 2,664 shares in the last quarter. Claro Advisors LLC increased its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 13.0% in the 2nd quarter. Claro Advisors LLC now owns 19,310 shares of the company’s stock worth $530,000 after acquiring an additional 2,225 shares during the last quarter. Finally, Intrua Financial LLC increased its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 113.6% in the 2nd quarter. Intrua Financial LLC now owns 21,150 shares of the company’s stock worth $581,000 after acquiring an additional 11,250 shares during the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Up 1.2%

NYSEARCA FDV opened at $31.59 on Friday. The business’s fifty day simple moving average is $29.30 and its 200-day simple moving average is $28.75. The firm has a market cap of $622.32 million, a PE ratio of 16.95 and a beta of 0.63. Federated Hermes U.S. Strategic Dividend ETF has a 52 week low of $24.39 and a 52 week high of $31.61.

Federated Hermes U.S. Strategic Dividend ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Shareholders of record on Friday, January 30th were paid a dividend of $0.0696 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 2.6%.

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. FDV was launched on Nov 15, 2022 and is managed by Federated Hermes.