Federated Hermes U.S. Strategic Dividend ETF (FDV)
Federated Hermes U.S. Strategic Dividend ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Pittsburgh, PA, US. The stock last traded at $33.38, up 0.30% on the session, giving a market capitalisation of $527.2M. Its beta of 0.49 implies it has historically moved less than the broad market.
The fund's core strategy involves primarily acquiring common shares of U.S.-based companies that deliver substantial dividends and show strong prospects for increasing those payouts over time. The portfolio management team is committed to investing solely in American entities—defined as firms incorporated, operating within, or listed on stock exchanges in the United States. These holdings typically consist of stocks from businesses categorized as having a large or medium market capitalization.
Federated Hermes U.S. Strategic Dividend ETF is most often compared with the following Financial Services names: