Sanctuary Advisors LLC Sells 5,000 Shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Sanctuary Advisors LLC cut its holdings in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 6.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,509 shares of the company’s stock after selling 5,000 shares during the period. Sanctuary Advisors LLC owned approximately 1.76% of Federated Hermes U.S. Strategic Dividend ETF worth $1,937,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Raymond James & Associates boosted its stake in shares of Federated Hermes U.S. Strategic Dividend ETF by 408.1% during the 3rd quarter. Raymond James & Associates now owns 429,644 shares of the company’s stock worth $11,991,000 after acquiring an additional 345,085 shares in the last quarter. Ascension Capital Advisors Inc. lifted its holdings in Federated Hermes U.S. Strategic Dividend ETF by 8.2% in the 3rd quarter. Ascension Capital Advisors Inc. now owns 1,072,643 shares of the company’s stock worth $29,937,000 after purchasing an additional 81,360 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Federated Hermes U.S. Strategic Dividend ETF by 154.0% during the third quarter. Janney Montgomery Scott LLC now owns 114,908 shares of the company’s stock worth $3,207,000 after purchasing an additional 69,675 shares during the period. Hilltop Holdings Inc. grew its holdings in Federated Hermes U.S. Strategic Dividend ETF by 464.8% during the third quarter. Hilltop Holdings Inc. now owns 69,159 shares of the company’s stock valued at $1,930,000 after purchasing an additional 56,915 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 30.2% in the third quarter. Private Advisor Group LLC now owns 189,315 shares of the company’s stock valued at $5,284,000 after purchasing an additional 43,860 shares during the period.

Federated Hermes U.S. Strategic Dividend ETF Trading Down 2.4 %

NYSEARCA FDV opened at $26.43 on Thursday. Federated Hermes U.S. Strategic Dividend ETF has a 1 year low of $23.25 and a 1 year high of $28.66. The company has a fifty day simple moving average of $27.89 and a 200 day simple moving average of $26.85. The company has a market cap of $103.08 million, a P/E ratio of 14.90 and a beta of 0.60.

About Federated Hermes U.S. Strategic Dividend ETF

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.