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flag Fidelity Dividend ETF (FDRR) sees trading volume soar 261%, attracting institutional investors.

flag Fidelity Dividend ETF for Rising Rates (FDRR) saw a 261% jump in trading volume on Tuesday, with over 69,801 shares traded. flag Institutional investors like Creative Financial Designs Inc. ADV and NewEdge Advisors LLC have been increasing their holdings. flag FDRR tracks large- and mid-cap companies with strong dividends and ties to rising US Treasury yields. flag The ETF has a market cap of $545.39 million and a price-to-earnings ratio of 19.11.

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