Gateway Wealth Partners LLC Makes New Investment in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV)

Gateway Wealth Partners LLC acquired a new stake in Federated Hermes U.S. Strategic Dividend ETF (NYSEARCA:FDV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,885 shares of the company’s stock, valued at approximately $263,000. Gateway Wealth Partners LLC owned approximately 0.25% of Federated Hermes U.S. Strategic Dividend ETF as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Raymond James & Associates lifted its holdings in Federated Hermes U.S. Strategic Dividend ETF by 408.1% in the 3rd quarter. Raymond James & Associates now owns 429,644 shares of the company’s stock worth $11,991,000 after purchasing an additional 345,085 shares in the last quarter. Ascension Capital Advisors Inc. raised its position in shares of Federated Hermes U.S. Strategic Dividend ETF by 8.2% during the third quarter. Ascension Capital Advisors Inc. now owns 1,072,643 shares of the company’s stock valued at $29,937,000 after buying an additional 81,360 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Federated Hermes U.S. Strategic Dividend ETF in the second quarter worth $1,791,000. Janney Montgomery Scott LLC boosted its position in shares of 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 acquiring an additional 69,675 shares during the last quarter. Finally, Hilltop Holdings Inc. grew its stake 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 acquiring an additional 56,915 shares in the last quarter.

Federated Hermes U.S. Strategic Dividend ETF Stock Down 0.3 %

Shares of FDV stock opened at $27.62 on Thursday. The company’s fifty day simple moving average is $27.31 and its two-hundred day simple moving average is $27.29. Federated Hermes U.S. Strategic Dividend ETF has a 52 week low of $23.25 and a 52 week high of $28.66. The stock has a market cap of $107.72 million, a P/E 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.