Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) Holdings Cut by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lowered its holdings in Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) by 2.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,958 shares of the company’s stock after selling 232 shares during the period. J.W. Cole Advisors Inc.’s holdings in Fidelity Dividend ETF for Rising Rates were worth $513,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Private Advisor Group LLC lifted its holdings in Fidelity Dividend ETF for Rising Rates by 1.0% in the third quarter. Private Advisor Group LLC now owns 194,964 shares of the company’s stock worth $10,041,000 after acquiring an additional 1,870 shares during the last quarter. CWM LLC lifted its holdings in Fidelity Dividend ETF for Rising Rates by 43.3% in the third quarter. CWM LLC now owns 5,449 shares of the company’s stock worth $281,000 after acquiring an additional 1,647 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Fidelity Dividend ETF for Rising Rates by 3.0% in the second quarter. Cetera Investment Advisers now owns 26,800 shares of the company’s stock worth $1,293,000 after acquiring an additional 788 shares during the last quarter. Truist Financial Corp lifted its holdings in Fidelity Dividend ETF for Rising Rates by 24.4% in the second quarter. Truist Financial Corp now owns 5,631 shares of the company’s stock worth $272,000 after acquiring an additional 1,103 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in Fidelity Dividend ETF for Rising Rates by 3.7% in the second quarter. EP Wealth Advisors LLC now owns 414,759 shares of the company’s stock worth $20,012,000 after acquiring an additional 14,805 shares during the last quarter.

Fidelity Dividend ETF for Rising Rates Trading Down 0.2 %

FDRR opened at $52.10 on Thursday. The business’s 50 day moving average is $51.21 and its 200-day moving average is $48.96. The stock has a market cap of $593.92 million, a PE ratio of 14.66 and a beta of 0.84. Fidelity Dividend ETF for Rising Rates has a twelve month low of $38.60 and a twelve month high of $53.14.

About Fidelity Dividend ETF for Rising Rates

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.