Fmr LLC Purchases 9,759 Shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR)

Fmr LLC increased its position in Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRRFree Report) by 16.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 67,620 shares of the company’s stock after purchasing an additional 9,759 shares during the quarter. Fmr LLC owned approximately 0.59% of Fidelity Dividend ETF for Rising Rates worth $3,482,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC grew its stake in Fidelity Dividend ETF for Rising Rates by 8.8% in the 2nd quarter. Ameritas Advisory Services LLC now owns 789,392 shares of the company’s stock valued at $38,088,000 after buying an additional 63,551 shares during the last quarter. EP Wealth Advisors LLC grew its stake in Fidelity Dividend ETF for Rising Rates by 3.7% in the 2nd quarter. EP Wealth Advisors LLC now owns 414,759 shares of the company’s stock valued at $20,012,000 after buying an additional 14,805 shares during the last quarter. Private Advisor Group LLC grew its stake in Fidelity Dividend ETF for Rising Rates by 1.0% in the 3rd quarter. Private Advisor Group LLC now owns 194,964 shares of the company’s stock valued at $10,041,000 after buying an additional 1,870 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Fidelity Dividend ETF for Rising Rates during the 3rd quarter worth approximately $88,000. Finally, CWM LLC grew its position in shares of Fidelity Dividend ETF for Rising Rates by 43.3% during the 3rd quarter. CWM LLC now owns 5,449 shares of the company’s stock worth $281,000 after purchasing an additional 1,647 shares in the last quarter.

Fidelity Dividend ETF for Rising Rates Stock Up 0.2 %

Shares of NYSEARCA:FDRR opened at $53.01 on Friday. The company’s 50 day moving average price is $52.66 and its two-hundred day moving average price is $50.47. Fidelity Dividend ETF for Rising Rates has a 12-month low of $43.15 and a 12-month high of $53.92. The firm has a market cap of $604.28 million, a PE ratio of 14.66 and a beta of 0.84.

About Fidelity Dividend ETF for Rising Rates

(Free Report)

The Fidelity Dividend ETF for Rising Rates (FDRR) is an exchange-traded fund that is based on the Fidelity Dividend for Rising Rates index. The fund tracks an index of large- and mid-cap companies in developed nations that exhibit strong dividend characteristics and have a positive correlation to increasing 10-year US Treasury yields.

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Institutional Ownership by Quarter for Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR)

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