J.W. Cole Advisors Inc. Sells 917 Shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR)

J.W. Cole Advisors Inc. reduced its position in shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRRFree Report) by 5.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,382 shares of the company’s stock after selling 917 shares during the period. J.W. Cole Advisors Inc. owned approximately 0.13% of Fidelity Dividend ETF for Rising Rates worth $716,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. EP Wealth Advisors LLC increased its stake in Fidelity Dividend ETF for Rising Rates by 11.9% during the 4th quarter. EP Wealth Advisors LLC now owns 383,209 shares of the company’s stock worth $16,826,000 after acquiring an additional 40,890 shares during the period. Summit X LLC increased its position in shares of Fidelity Dividend ETF for Rising Rates by 12.4% in the fourth quarter. Summit X LLC now owns 23,549 shares of the company’s stock worth $1,034,000 after purchasing an additional 2,603 shares during the period. Principal Securities Inc. acquired a new position in Fidelity Dividend ETF for Rising Rates in the fourth quarter valued at about $380,000. Lincoln National Corp lifted its position in Fidelity Dividend ETF for Rising Rates by 27.7% during the fourth quarter. Lincoln National Corp now owns 25,579 shares of the company’s stock worth $1,123,000 after purchasing an additional 5,546 shares during the period. Finally, Private Advisor Group LLC grew its stake in Fidelity Dividend ETF for Rising Rates by 5.7% during the fourth quarter. Private Advisor Group LLC now owns 185,432 shares of the company’s stock worth $8,142,000 after buying an additional 10,078 shares in the last quarter.

Fidelity Dividend ETF for Rising Rates Trading Up 0.0 %

FDRR stock traded up $0.02 during mid-day trading on Friday, hitting $48.82. The stock had a trading volume of 13,468 shares, compared to its average volume of 19,913. The firm has a fifty day simple moving average of $47.49 and a 200 day simple moving average of $45.73. Fidelity Dividend ETF for Rising Rates has a 52 week low of $38.14 and a 52 week high of $49.32. The firm has a market capitalization of $556.55 million, a P/E ratio of 14.66 and a beta of 0.84.

Fidelity Dividend ETF for Rising Rates Company Profile

(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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