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