Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $62.46 and last traded at $62.4150, with a volume of 13314 shares traded. The stock had previously closed at $62.17.
Fidelity Dividend ETF for Rising Rates Price Performance
The firm has a market cap of $681.36 million, a PE ratio of 17.77 and a beta of 0.91. The business has a fifty day moving average price of $61.40 and a two-hundred day moving average price of $59.18.
Institutional Trading of Fidelity Dividend ETF for Rising Rates
A number of hedge funds have recently made changes to their positions in FDRR. Cornerstone Planning Group LLC purchased a new position in Fidelity Dividend ETF for Rising Rates during the third quarter valued at approximately $49,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Fidelity Dividend ETF for Rising Rates during the 4th quarter valued at $49,000. Advisory Services Network LLC purchased a new position in shares of Fidelity Dividend ETF for Rising Rates during the 3rd quarter valued at $79,000. CX Institutional grew its holdings in shares of Fidelity Dividend ETF for Rising Rates by 79.5% during the 3rd quarter. CX Institutional now owns 1,386 shares of the company’s stock valued at $81,000 after acquiring an additional 614 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of Fidelity Dividend ETF for Rising Rates in the second quarter worth $94,000.
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. FDRR was launched on Sep 12, 2016 and is managed by Fidelity.
See Also
- Five stocks we like better than Fidelity Dividend ETF for Rising Rates
- The list of tickers Wall Street doesn’t share
- [No Brainer Gold Play]: “Show me a better investment.”
- The gold chart Wall Street is terrified of…
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for Fidelity Dividend ETF for Rising Rates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity Dividend ETF for Rising Rates and related companies with MarketBeat.com's FREE daily email newsletter.
