Smartleaf Asset Management LLC Sells 15,963 Shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Smartleaf Asset Management LLC trimmed its position in shares of Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) by 32.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,127 shares of the company’s stock after selling 15,963 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Federated Hermes U.S. Strategic Dividend ETF were worth $883,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in FDV. Ascension Capital Advisors Inc. increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 3.5% in the fourth quarter. Ascension Capital Advisors Inc. now owns 1,110,399 shares of the company’s stock valued at $29,537,000 after purchasing an additional 37,756 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 287.5% in the fourth quarter. Truist Financial Corp now owns 260,399 shares of the company’s stock valued at $6,927,000 after purchasing an additional 193,203 shares in the last quarter. Lantz Financial LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 9.3% in the fourth quarter. Lantz Financial LLC now owns 243,605 shares of the company’s stock valued at $6,480,000 after purchasing an additional 20,793 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 0.3% in the third quarter. Rockefeller Capital Management L.P. now owns 136,825 shares of the company’s stock valued at $3,819,000 after purchasing an additional 363 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of Federated Hermes U.S. Strategic Dividend ETF by 1.2% in the third quarter. Integrated Wealth Concepts LLC now owns 136,744 shares of the company’s stock valued at $3,816,000 after purchasing an additional 1,643 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Price Performance

Shares of Federated Hermes U.S. Strategic Dividend ETF stock opened at $28.64 on Tuesday. Federated Hermes U.S. Strategic Dividend ETF has a fifty-two week low of $23.62 and a fifty-two week high of $28.90. The firm has a market cap of $274.37 million, a P/E ratio of 21.00 and a beta of 0.69. The firm has a 50 day simple moving average of $27.49 and a 200 day simple moving average of $27.60.

Federated Hermes U.S. Strategic Dividend ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 3rd. Shareholders of record on Friday, January 31st were paid a $0.0662 dividend. The ex-dividend date of this dividend was Friday, January 31st. This is a boost from Federated Hermes U.S. Strategic Dividend ETF’s previous dividend of $0.06.

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.