New actively managed dividend ETF hits the market from Federated Hermes, Inc.

Nov. 16, 2022 4:07 PM ETFederated Hermes, Inc. (FHI), DVYVIG, VYM, DGRO, SCHD, FDVBy: Jason Capul, SA News Editor15 Comments

Wooden cubes building word ETF (abbreviation of Exchange Traded Fund) on light blue background

Nastassia Samal

Federated Hermes, Inc. (NYSE:FHI) launched the Federated Hermes U.S. Strategic Dividend ETF (FDV) on Wednesday which aims to focus on U.S. listed companies with dividend yields above the S&P 500 Index average.

For reference the S&P provides a roughly 1.5% dividend

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