First Horizon Advisors Inc. Invests $62,000 in Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH)

First Horizon Advisors Inc. bought a new stake in shares of Federated Hermes Short Duration Corporate ETF (NYSEARCA:FCSH) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,575 shares of the company’s stock, valued at approximately $62,000. First Horizon Advisors Inc. owned about 0.23% of Federated Hermes Short Duration Corporate ETF as of its most recent SEC filing.

Federated Hermes Short Duration Corporate ETF Stock Performance

NYSEARCA FCSH opened at $23.74 on Wednesday. Federated Hermes Short Duration Corporate ETF has a 1 year low of $23.09 and a 1 year high of $23.97. The stock’s 50-day moving average price is $23.72 and its two-hundred day moving average price is $23.69.

Federated Hermes Short Duration Corporate ETF Profile

The Federated Hermes Short Duration Corporate ETF (FCSH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks high current income through the active management of short-term US dollar-denominated corporate debt securities that are rated investment-grade. FCSH was launched on Dec 16, 2021 and is managed by Federated Hermes.