Sigma Planning Corp boosted its position in shares of Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) by 14.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,843 shares of the company’s stock after purchasing an additional 1,476 shares during the period. Sigma Planning Corp owned about 0.10% of Fidelity Dividend ETF for Rising Rates worth $490,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Samalin Investment Counsel LLC acquired a new stake in Fidelity Dividend ETF for Rising Rates during the second quarter worth approximately $25,000. Advisory Services Network LLC bought a new position in Fidelity Dividend ETF for Rising Rates in the second quarter valued at approximately $64,000. Dana Investment Advisors Inc. bought a new position in Fidelity Dividend ETF for Rising Rates in the second quarter valued at approximately $233,000. MML Investors Services LLC bought a new stake in shares of Fidelity Dividend ETF for Rising Rates during the second quarter worth $236,000. Finally, F3Logic LLC grew its stake in shares of Fidelity Dividend ETF for Rising Rates by 9.3% during the second quarter. F3Logic LLC now owns 7,257 shares of the company’s stock worth $307,000 after buying an additional 617 shares during the last quarter.
FDRR stock opened at $44.78 on Friday. Fidelity Dividend ETF for Rising Rates has a 12-month low of $35.94 and a 12-month high of $45.08. The company’s fifty day simple moving average is $43.88 and its 200 day simple moving average is $43.00.
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