Private Trust Co. NA Has $46,000 Stock Position in Federated Hermes U.S. Strategic Dividend ETF $FDV

Private Trust Co. NA trimmed its stake in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 49.8% in the second quarter, Holdings Channel.com reports. The firm owned 1,663 shares of the company’s stock after selling 1,650 shares during the quarter. Private Trust Co. NA’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $46,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Capital Analysts LLC lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 29.9% in the first quarter. Capital Analysts LLC now owns 6,553 shares of the company’s stock worth $185,000 after purchasing an additional 1,507 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its position 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 worth $273,000 after purchasing an additional 758 shares in the last quarter. Gateway Wealth Partners LLC lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 10.2% in the first quarter. Gateway Wealth Partners LLC now owns 10,894 shares of the company’s stock worth $307,000 after purchasing an additional 1,009 shares in the last quarter. Essex Financial Services Inc. lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 6.9% in the first quarter. Essex Financial Services Inc. now owns 13,370 shares of the company’s stock worth $376,000 after purchasing an additional 861 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 35.6% in the first quarter. HighTower Advisors LLC now owns 15,292 shares of the company’s stock worth $431,000 after purchasing an additional 4,014 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

NYSEARCA FDV opened at $28.77 on Friday. The company has a 50 day simple moving average of $28.56 and a 200-day simple moving average of $27.74. The firm has a market capitalization of $468.95 million, a price-to-earnings ratio of 16.95 and a beta of 0.96. Federated Hermes U.S. Strategic Dividend ETF has a 52-week low of $24.39 and a 52-week high of $29.80.

Federated Hermes U.S. Strategic Dividend ETF Company 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.