Allegheny Financial Group Increases Position in Federated Hermes Total Return Bond ETF $FTRB

Allegheny Financial Group lifted its position in Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 8.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 364,934 shares of the company’s stock after acquiring an additional 29,776 shares during the period. Federated Hermes Total Return Bond ETF accounts for approximately 1.2% of Allegheny Financial Group’s investment portfolio, making the stock its 19th biggest holding. Allegheny Financial Group’s holdings in Federated Hermes Total Return Bond ETF were worth $9,176,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FTRB. Jane Street Group LLC raised its stake in Federated Hermes Total Return Bond ETF by 277.9% in the 1st quarter. Jane Street Group LLC now owns 65,221 shares of the company’s stock worth $1,634,000 after acquiring an additional 47,962 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Federated Hermes Total Return Bond ETF by 1,493.6% in the second quarter. Raymond James Financial Inc. now owns 890,977 shares of the company’s stock valued at $22,364,000 after purchasing an additional 835,066 shares during the period. Semmax Financial Advisors Inc. acquired a new position in shares of Federated Hermes Total Return Bond ETF in the second quarter valued at about $123,000. Citadel Advisors LLC raised its stake in shares of Federated Hermes Total Return Bond ETF by 67.6% in the third quarter. Citadel Advisors LLC now owns 102,192 shares of the company’s stock worth $2,595,000 after purchasing an additional 41,226 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in shares of Federated Hermes Total Return Bond ETF by 13.3% in the third quarter. Integrated Wealth Concepts LLC now owns 169,396 shares of the company’s stock worth $4,301,000 after purchasing an additional 19,869 shares during the last quarter.

Federated Hermes Total Return Bond ETF Price Performance

Federated Hermes Total Return Bond ETF stock opened at $25.17 on Monday. Federated Hermes Total Return Bond ETF has a 52 week low of $24.78 and a 52 week high of $25.84. The company has a market capitalization of $483.26 million, a price-to-earnings ratio of 8.09 and a beta of 0.11. The stock has a 50-day moving average price of $25.15 and a 200 day moving average price of $25.32.

Federated Hermes Total Return Bond ETF Company 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.