GTS Financial LLC Makes New Investment in Federated Hermes Total Return Bond ETF $FTRB

GTS Financial LLC purchased a new stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 500,936 shares of the company’s stock, valued at approximately $12,548,000. Federated Hermes Total Return Bond ETF comprises approximately 9.1% of GTS Financial LLC’s investment portfolio, making the stock its 3rd largest holding. GTS Financial LLC owned 2.61% of Federated Hermes Total Return Bond ETF as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Motco boosted its holdings in shares of Federated Hermes Total Return Bond ETF by 25.3% during the 4th quarter. Motco now owns 3,810 shares of the company’s stock worth $97,000 after buying an additional 770 shares during the period. Quantum Portfolio Management LLC raised its holdings in Federated Hermes Total Return Bond ETF by 0.5% in the 4th quarter. Quantum Portfolio Management LLC now owns 201,161 shares of the company’s stock worth $5,107,000 after acquiring an additional 1,000 shares during the period. OLD Second National Bank of Aurora lifted its position in Federated Hermes Total Return Bond ETF by 13.4% during the 1st quarter. OLD Second National Bank of Aurora now owns 14,601 shares of the company’s stock worth $367,000 after acquiring an additional 1,728 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in Federated Hermes Total Return Bond ETF by 6.3% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 56,168 shares of the company’s stock worth $1,426,000 after acquiring an additional 3,324 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in Federated Hermes Total Return Bond ETF by 16.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 31,007 shares of the company’s stock valued at $787,000 after acquiring an additional 4,320 shares during the period.

Federated Hermes Total Return Bond ETF Stock Performance

Shares of NYSEARCA:FTRB opened at $24.82 on Friday. The company has a market cap of $598.16 million, a P/E ratio of 8.09 and a beta of 0.11. The stock’s 50-day moving average is $25.03 and its 200-day moving average is $25.22. Federated Hermes Total Return Bond ETF has a 52-week low of $24.73 and a 52-week high of $25.84.

Federated Hermes Total Return Bond ETF 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. FTRB was launched on Jan 2, 2024 and is issued by Federated Hermes.