Fidelity Dividend ETF for Rising Rates (FDRR) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $52.55 to $53.01
• 50-Day Range: $50.12 to $53.22
• 52-Week Range: $41.53 to $53.45
• Volume: 7,861 shs
• Average Volume: 20,236 shs
• Market Capitalization: $604.31 million
• Assets Under Management: $565.77 million
• Dividend Yield: 2.08%
• Net Expense Ratio: 0.15%
• Aggregate Rating: Moderate Buy

FDRR ETF - Frequently Asked Questions

How have FDRR shares performed this year?

Fidelity Dividend ETF for Rising Rates' stock was trading at $43.91 on January 1st, 2024. Since then, FDRR stock has increased by 20.7% and is now trading at $53.01.
View the best growth stocks for 2024 here.

Who are Fidelity Dividend ETF for Rising Rates' major shareholders?

Top institutional shareholders of Fidelity Dividend ETF for Rising Rates include Ameritas Advisory Services LLC (7.30%), EP Wealth Advisors LLC (3.65%), Private Advisor Group LLC (1.71%) and Geneva Partners LLC (0.73%).

How do I buy shares of Fidelity Dividend ETF for Rising Rates?

Shares of FDRR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Fidelity Dividend ETF for Rising Rates own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fidelity Dividend ETF for Rising Rates investors own include Walt Disney (DIS), Invesco QQQ (QQQ), Bristol-Myers Squibb (BMY), Delta Air Lines (DAL), SPDR S&P 500 ETF Trust (SPY), AT&T (T) and Wells Fargo & Company (WFC).

Fund Details

• Issuer: Fidelity
• Fund Name: Fidelity Dividend ETF for Rising Rates
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FDRR
• Inception Date: 9/15/2016
• Fund Manager: Deane Gyllenhaal, Patrick Waddell, Louis Bottari, Peter Matthew, Robert Regan, Thomas Brussard Jr
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Fidelity Dividend Index for Rising Rates
• Category: Strategy
• Focus: High Dividend Yield
• Development Level: Developed Markets
• Region: Global
• Number of Holdings: 131

Fund Statistics

• Assets Under Management: $568.38 million
• Average Daily Volume: $18,966.10
• Discount/Premium: -0.13%

Administrator, Advisor and Custodian

• Administrator: Fidelity Service Company, Inc.
• Advisor: FMR Co., Inc.
• Custodian: State Street Bank and Trust Company
• Distributor: Fidelity Distributors Corporation
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 15
• Put Options: 25
• Call Options: 15
• Short Interest: 1,200 shs

Miscellaneous

• Outstanding Shares: 11,400,000
• Beta: 0.84
• Creation Unit: 50,000
• Creation Fee: $650.00