Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) Holdings Raised by LPL Financial LLC

LPL Financial LLC increased its position in shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) by 4.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 174,960 shares of the company’s stock after purchasing an additional 8,157 shares during the quarter. LPL Financial LLC owned 1.53% of Fidelity Dividend ETF for Rising Rates worth $8,989,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC boosted its position in Fidelity Dividend ETF for Rising Rates by 16.9% during the 3rd quarter. FMR LLC now owns 67,620 shares of the company’s stock valued at $3,482,000 after purchasing an additional 9,759 shares during the period. Stifel Financial Corp lifted its stake in Fidelity Dividend ETF for Rising Rates by 7.5% in the third quarter. Stifel Financial Corp now owns 12,142 shares of the company’s stock valued at $625,000 after buying an additional 847 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of Fidelity Dividend ETF for Rising Rates by 79.8% during the third quarter. Jane Street Group LLC now owns 39,761 shares of the company’s stock valued at $2,048,000 after acquiring an additional 17,649 shares during the period. EP Wealth Advisors LLC grew its position in shares of Fidelity Dividend ETF for Rising Rates by 0.3% during the third quarter. EP Wealth Advisors LLC now owns 415,926 shares of the company’s stock worth $21,420,000 after acquiring an additional 1,167 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Fidelity Dividend ETF for Rising Rates in the 4th quarter worth about $292,000.

Fidelity Dividend ETF for Rising Rates Stock Down 5.6 %

Fidelity Dividend ETF for Rising Rates stock opened at $45.16 on Friday. Fidelity Dividend ETF for Rising Rates has a 52-week low of $44.19 and a 52-week high of $54.08. The firm has a market capitalization of $480.95 million, a price-to-earnings ratio of 19.11 and a beta of 0.95. The firm has a 50-day moving average price of $51.68 and a two-hundred day moving average price of $52.03.

Fidelity Dividend ETF for Rising Rates Company Profile

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.