Federated Hermes Announces Launch Of U.S. Strategic Dividend ETF

Federated Hermes has just announced that they will be launching a new ETF, the Federated Hermes U.S. Strategic Dividend ETF (FDV). As the name suggests, FDV plans to offer exposure to income generating U.S. companies in good financial standing. FDV will follow 40 to 60 companies that their investment team sees fit to grow and sustain dividends. A quote from the CEO of Federated Hermes states, “High dividend-paying stocks have the potential for lower downside risk in challenging markets. In the current inflationary environment, the U.S. Strategic Dividend ETF provides an option for investors seeking lower volatility than the broader market.”

ETF Newz Says:

The launch marks the third fund from Federated Hermes with all three being actively managed.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE
Related

BlackRock Introduces TIPS ETF Suite to iShares iBonds Lineup

BlackRock, a global investment management corporation, has expanded its iShares iBonds ETF offerings with the introduction of the...

Grayscale Takes a Bold Step with Ethereum Futures ETF Filing

Grayscale Investments, a leading crypto asset management firm, has submitted a filing for a new ETF focused on...

SEC Under Scrutiny Over U.S. Spot Bitcoin ETFs Decision

The U.S. Securities and Exchange Commission (SEC) faces criticism from a U.S. appeals court over its decision-making process...

Grayscale Continues Efforts To Launch Ethereum ETF

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG), is making significant strides by applying for an...