United Capital Financial Advisers LLC increased its stake in Fidelity Dividend ETF for Rising Rates (NYSEARCA:FDRR) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 754,787 shares of the company’s stock after purchasing an additional 4,077 shares during the quarter. United Capital Financial Advisers LLC owned approximately 6.77% of Fidelity Dividend ETF for Rising Rates worth $24,085,000 as of its most recent filing with the Securities and Exchange Commission.

FDRR traded down $0.01 during trading on Friday, reaching $32.80. The company had a trading volume of 130 shares, compared to its average volume of 48,126. The firm’s 50-day simple moving average is $31.60 and its 200 day simple moving average is $31.75. Fidelity Dividend ETF for Rising Rates has a 12-month low of $27.06 and a 12-month high of $32.92.

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