Retirement Planning Group LLC Sells 101,004 Shares of Federated Hermes Total Return Bond ETF $FTRB

Retirement Planning Group LLC decreased its position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 16.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 522,404 shares of the company’s stock after selling 101,004 shares during the period. Retirement Planning Group LLC’s holdings in Federated Hermes Total Return Bond ETF were worth $12,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of Federated Hermes Total Return Bond ETF by 8.4% in the second quarter. Envestnet Asset Management Inc. now owns 874,340 shares of the company’s stock valued at $21,942,000 after purchasing an additional 67,693 shares during the period. Wilkerson Advisory Group LLC raised its stake in shares of Federated Hermes Total Return Bond ETF by 6.8% in the first quarter. Wilkerson Advisory Group LLC now owns 594,257 shares of the company’s stock worth $14,943,000 after purchasing an additional 37,775 shares during the last quarter. GTS Financial LLC purchased a new position in shares of Federated Hermes Total Return Bond ETF in the first quarter worth about $12,548,000. Platform Technology Partners raised its stake in shares of Federated Hermes Total Return Bond ETF by 5.4% in the first quarter. Platform Technology Partners now owns 480,861 shares of the company’s stock worth $12,091,000 after purchasing an additional 24,524 shares during the last quarter. Finally, Allegheny Financial Group raised its stake in shares of Federated Hermes Total Return Bond ETF by 8.9% in the first quarter. Allegheny Financial Group now owns 364,934 shares of the company’s stock worth $9,176,000 after purchasing an additional 29,776 shares during the last quarter.

Federated Hermes Total Return Bond ETF Stock Down 0.3%

Federated Hermes Total Return Bond ETF stock opened at $24.18 on Tuesday. Federated Hermes Total Return Bond ETF has a 52 week low of $23.86 and a 52 week high of $25.79. The company has a market capitalization of $710.89 million, a price-to-earnings ratio of 8.09 and a beta of 0.13. The stock has a 50-day moving average price of $24.44 and a 200 day moving average price of $24.85.

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.