Truist Financial Corp Takes $1.05 Million Position in Federated Hermes Short Duration High Yield ETF $FHYS

Truist Financial Corp acquired a new position in shares of Federated Hermes Short Duration High Yield ETF (NYSEARCA:FHYS) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 45,252 shares of the company’s stock, valued at approximately $1,052,000. Truist Financial Corp owned about 2.15% of Federated Hermes Short Duration High Yield ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of FHYS. Creative Financial Designs Inc. ADV acquired a new stake in Federated Hermes Short Duration High Yield ETF in the second quarter valued at $46,000. Steward Partners Investment Advisory LLC boosted its holdings in Federated Hermes Short Duration High Yield ETF by 2,421.2% in the second quarter. Steward Partners Investment Advisory LLC now owns 10,841 shares of the company’s stock valued at $252,000 after purchasing an additional 10,411 shares in the last quarter. WFA of San Diego LLC purchased a new position in Federated Hermes Short Duration High Yield ETF in the second quarter valued at approximately $1,367,000. Osaic Holdings Inc. lifted its position in shares of Federated Hermes Short Duration High Yield ETF by 10.4% during the 2nd quarter. Osaic Holdings Inc. now owns 46,237 shares of the company’s stock worth $1,074,000 after buying an additional 4,351 shares during the last quarter. Finally, DAVENPORT & Co LLC boosted its holdings in shares of Federated Hermes Short Duration High Yield ETF by 5.5% in the 3rd quarter. DAVENPORT & Co LLC now owns 27,862 shares of the company’s stock valued at $648,000 after buying an additional 1,459 shares in the last quarter.

Federated Hermes Short Duration High Yield ETF Trading Up 0.0%

Shares of NYSEARCA:FHYS opened at $23.32 on Tuesday. Federated Hermes Short Duration High Yield ETF has a 12 month low of $22.10 and a 12 month high of $23.47. The company’s fifty day moving average price is $23.34 and its 200 day moving average price is $23.29.

Federated Hermes Short Duration High Yield ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were issued a $0.0499 dividend. This represents a c) annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, January 30th.

Federated Hermes Short Duration High Yield ETF Company Profile

The Federated Hermes Short Duration High Yield ETF (FHYS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund seeks high current income through the active management of short-term US dollar-denominated corporate debt securities that are rated below investment-grade. FHYS was launched on Dec 16, 2021 and is managed by Federated Hermes.