Platform Technology Partners Takes $686,000 Position in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Platform Technology Partners acquired a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 28,650 shares of the company’s stock, valued at approximately $686,000. Platform Technology Partners owned 1.19% of Federated Hermes U.S. Strategic Dividend ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of FDV. Ascension Capital Advisors Inc. acquired a new position in shares of Federated Hermes U.S. Strategic Dividend ETF during the first quarter valued at $19,740,000. Captrust Financial Advisors bought a new stake in shares of Federated Hermes U.S. Strategic Dividend ETF in the fourth quarter worth about $3,552,000. Laurel Wealth Advisors Inc. bought a new position in shares of Federated Hermes U.S. Strategic Dividend ETF during the fourth quarter worth about $3,325,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Federated Hermes U.S. Strategic Dividend ETF during the first quarter worth about $2,894,000. Finally, Truist Financial Corp bought a new position in Federated Hermes U.S. Strategic Dividend ETF in the fourth quarter valued at approximately $2,219,000.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

FDV stock traded down $0.02 during mid-day trading on Monday, reaching $23.35. The company had a trading volume of 2,739 shares, compared to its average volume of 17,978. The stock has a 50 day simple moving average of $23.80 and a two-hundred day simple moving average of $23.89. The company has a market capitalization of $60.71 million, a price-to-earnings ratio of 14.66 and a beta of 0.96. Federated Hermes U.S. Strategic Dividend ETF has a 52 week low of $22.80 and a 52 week high of $26.87.

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.