Stonebridge Financial Planning Group LLC Purchases 401 Shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR)

Stonebridge Financial Planning Group LLC boosted its stake in shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) by 2.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 19,206 shares of the company’s stock after buying an additional 401 shares during the period. Stonebridge Financial Planning Group LLC owned approximately 0.15% of Fidelity Dividend ETF for Rising Rates worth $843,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Kestra Advisory Services LLC increased its stake in Fidelity Dividend ETF for Rising Rates by 0.6% in the third quarter. Kestra Advisory Services LLC now owns 42,759 shares of the company’s stock worth $1,701,000 after purchasing an additional 275 shares during the period. Element Wealth LLC increased its stake in shares of Fidelity Dividend ETF for Rising Rates by 11.9% during the fourth quarter. Element Wealth LLC now owns 2,599 shares of the company’s stock valued at $114,000 after buying an additional 277 shares during the period. Triumph Capital Management increased its stake in shares of Fidelity Dividend ETF for Rising Rates by 11.5% during the third quarter. Triumph Capital Management now owns 8,985 shares of the company’s stock valued at $357,000 after buying an additional 927 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in shares of Fidelity Dividend ETF for Rising Rates by 1.7% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 103,823 shares of the company’s stock valued at $4,129,000 after buying an additional 1,712 shares during the period. Finally, Silver Oak Securities Incorporated purchased a new position in shares of Fidelity Dividend ETF for Rising Rates during the third quarter valued at $134,000.

Fidelity Dividend ETF for Rising Rates Trading Down 1.4 %

Shares of Fidelity Dividend ETF for Rising Rates stock traded down $0.63 during trading on Tuesday, hitting $44.85. 8,683 shares of the stock traded hands, compared to its average volume of 22,447. The firm has a market cap of $511.29 million, a P/E ratio of 14.16 and a beta of 0.84. Fidelity Dividend ETF for Rising Rates has a 52-week low of $38.14 and a 52-week high of $46.61. The stock’s fifty day simple moving average is $45.45 and its 200 day simple moving average is $43.53.

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.