Beaumont Financial Advisors LLC Buys 180,035 Shares of Federated Hermes Total Return Bond ETF $FTRB

Beaumont Financial Advisors LLC lifted its stake in shares of Federated Hermes Total Return Bond ETF (NYSEARCA:FTRB) by 191.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 274,316 shares of the company’s stock after acquiring an additional 180,035 shares during the period. Beaumont Financial Advisors LLC owned approximately 1.43% of Federated Hermes Total Return Bond ETF worth $6,898,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FTRB. Retirement Planning Group LLC raised its stake in Federated Hermes Total Return Bond ETF by 7.7% in the fourth quarter. Retirement Planning Group LLC now owns 989,679 shares of the company’s stock worth $25,128,000 after buying an additional 70,999 shares in the last quarter. Hills Bank & Trust Co boosted its position in Federated Hermes Total Return Bond ETF by 4.2% during the 4th quarter. Hills Bank & Trust Co now owns 2,638,018 shares of the company’s stock valued at $66,979,000 after acquiring an additional 107,391 shares in the last quarter. RMR Wealth Builders grew its holdings in shares of Federated Hermes Total Return Bond ETF by 16.8% during the 4th quarter. RMR Wealth Builders now owns 207,788 shares of the company’s stock worth $5,276,000 after acquiring an additional 29,900 shares during the period. Aurora Private Wealth Inc. purchased a new position in shares of Federated Hermes Total Return Bond ETF during the 4th quarter worth approximately $562,000. Finally, Platform Technology Partners raised its position in shares of Federated Hermes Total Return Bond ETF by 5.4% in the 1st quarter. Platform Technology Partners now owns 480,861 shares of the company’s stock worth $12,091,000 after acquiring an additional 24,524 shares in the last quarter.

Federated Hermes Total Return Bond ETF Trading Up 0.2%

Shares of Federated Hermes Total Return Bond ETF stock opened at $24.97 on Thursday. Federated Hermes Total Return Bond ETF has a 12 month low of $24.78 and a 12 month high of $25.84. The firm has a market capitalization of $594.29 million, a P/E ratio of 8.09 and a beta of 0.11. The business has a fifty day simple moving average of $25.07 and a two-hundred day simple moving average of $25.26.

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.