Platform Technology Partners Boosts Holdings in Federated Hermes Total Return Bond ETF $FTRB

Platform Technology Partners increased its position in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 5.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 480,861 shares of the company’s stock after purchasing an additional 24,524 shares during the quarter. Federated Hermes Total Return Bond ETF makes up approximately 2.3% of Platform Technology Partners’ holdings, making the stock its 6th biggest holding. Platform Technology Partners owned approximately 2.54% of Federated Hermes Total Return Bond ETF worth $12,091,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Motco boosted its position in Federated Hermes Total Return Bond ETF by 25.3% in the fourth quarter. Motco now owns 3,810 shares of the company’s stock valued at $97,000 after buying an additional 770 shares in the last quarter. Semmax Financial Advisors Inc. acquired a new stake in shares of Federated Hermes Total Return Bond ETF during the second quarter worth approximately $123,000. Atlas Wealth LLC acquired a new stake in shares of Federated Hermes Total Return Bond ETF during the fourth quarter worth approximately $202,000. Index Technologies Group LLC bought a new position in shares of Federated Hermes Total Return Bond ETF in the fourth quarter valued at approximately $229,000. Finally, First United Bank & Trust bought a new position in shares of Federated Hermes Total Return Bond ETF in the first quarter valued at approximately $254,000.

Federated Hermes Total Return Bond ETF Price Performance

Shares of FTRB opened at $25.06 on Friday. The company has a market capitalization of $591.42 million, a P/E ratio of 8.09 and a beta of 0.11. Federated Hermes Total Return Bond ETF has a one year low of $24.78 and a one year high of $25.84. The business’s 50 day simple moving average is $25.12 and its 200-day simple moving average is $25.30.

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. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.