Fidelity Dividend ETF for Rising Rates $FDRR is Ameritas Advisory Services LLC’s 6th Largest Position

Ameritas Advisory Services LLC increased its position in shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) by 70,725.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 742,252 shares of the company’s stock after purchasing an additional 741,204 shares during the quarter. Fidelity Dividend ETF for Rising Rates makes up approximately 1.7% of Ameritas Advisory Services LLC’s investment portfolio, making the stock its 6th largest position. Ameritas Advisory Services LLC owned about 0.07% of Fidelity Dividend ETF for Rising Rates worth $45,292,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in FDRR. Creative Financial Designs Inc. ADV grew its holdings in Fidelity Dividend ETF for Rising Rates by 227.6% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 23,765 shares of the company’s stock valued at $1,393,000 after buying an additional 16,510 shares in the last quarter. CWM LLC grew its holdings in Fidelity Dividend ETF for Rising Rates by 22.0% in the 4th quarter. CWM LLC now owns 92,308 shares of the company’s stock valued at $5,633,000 after buying an additional 16,633 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Fidelity Dividend ETF for Rising Rates by 21.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 49,130 shares of the company’s stock valued at $2,880,000 after buying an additional 8,529 shares in the last quarter. PFG Advisors purchased a new stake in Fidelity Dividend ETF for Rising Rates in the 3rd quarter valued at $522,000. Finally, Private Advisor Group LLC grew its holdings in Fidelity Dividend ETF for Rising Rates by 1.3% in the 3rd quarter. Private Advisor Group LLC now owns 179,052 shares of the company’s stock valued at $10,496,000 after buying an additional 2,263 shares in the last quarter.

Fidelity Dividend ETF for Rising Rates Stock Down 0.2%

Shares of NYSEARCA:FDRR opened at $64.08 on Wednesday. The business has a fifty day moving average of $61.07 and a two-hundred day moving average of $61.10. The stock has a market cap of $698.47 million, a P/E ratio of 17.77 and a beta of 0.87. Fidelity Dividend ETF for Rising Rates has a 52-week low of $50.26 and a 52-week high of $64.37.

Fidelity Dividend ETF for Rising Rates 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.