Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) is Ascension Capital Advisors Inc.’s 2nd Largest Position

Ascension Capital Advisors Inc. lifted its position in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 8.2% during the third quarter, Holdings Channel reports. The institutional investor owned 1,072,643 shares of the company’s stock after purchasing an additional 81,360 shares during the period. Federated Hermes U.S. Strategic Dividend ETF makes up approximately 14.0% of Ascension Capital Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. Ascension Capital Advisors Inc. owned about 0.28% of Federated Hermes U.S. Strategic Dividend ETF worth $29,937,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of FDV. Priebe Wealth Holdings LLC grew its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 2.2% during the second quarter. Priebe Wealth Holdings LLC now owns 23,725 shares of the company’s stock valued at $589,000 after purchasing an additional 500 shares in the last quarter. Concourse Financial Group Securities Inc. purchased a new position in Federated Hermes U.S. Strategic Dividend ETF during the 3rd quarter valued at approximately $27,000. Truist Financial Corp increased its stake in Federated Hermes U.S. Strategic Dividend ETF by 6.5% in the 2nd quarter. Truist Financial Corp now owns 23,255 shares of the company’s stock worth $578,000 after acquiring an additional 1,414 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 191,217 shares of the company’s stock worth $4,751,000 after acquiring an additional 2,290 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 15.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 17,695 shares of the company’s stock worth $440,000 after acquiring an additional 2,405 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Performance

FDV stock opened at $28.20 on Thursday. The firm has a fifty day moving average price of $27.71 and a 200 day moving average price of $26.21. Federated Hermes U.S. Strategic Dividend ETF has a fifty-two week low of $21.94 and a fifty-two week high of $28.35. The firm has a market cap of $109.98 million, a PE ratio of 14.90 and a beta of 0.60.

Federated Hermes U.S. Strategic Dividend ETF 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.